$METIS surged to 6.24 then sharply retraced, with a 24-hour decline of over 17%. It hit a historical high of over $300, then dropped more than 98%! Those looking to buy the dip should stay cautious.

Old coins experience wild surges and crashes regularly; if you're willing to take risks, you must also accept being caught in a trap.
There are no signs of a bottom in the short term, unless Bitcoin recovers or rides the AI wave, so don't reach out lightly.
Buying the dip? Be careful, don’t buy halfway up the mountain.
Watch for a short-term pullback to support levels of 3.4–3.6; if it doesn’t break below, then consider. For scaled entries, set strict stop-losses at 3.2; once small coins break below, there’s no support below.
On-chain data to watch: exchange coins starting to flow out, TVL stopping its decline, and open interest liquidations decreasing significantly.
Currently, the overall market environment: BTC holding above the 5-day moving average, and the entire Layer 2 sector stabilizing.