The recent performance of METIS has been quite painful for many. Starting from a high of $5.405, this coin has been like being pressed against the ground and rubbed, with several rebounds being crushed down. It finally broke through the support line at $4.830, and after bouncing to $4.888, it still couldn't stabilize, with a daily decline of 5.44%.

Let's look at the data first. The 24-hour trading volume exceeds 3.95 million USDT, with a trading volume of 785,341.76. You might ask, is this drop caused by high volume selling? Not entirely — although there isn't a terrifying explosion of volume, selling pressure has been persistent and steadily pushing the price down. What does this indicate? The bearish sentiment is very durable, and each previous support level has failed to hold.

Looking ahead, over 7 days, the price has fallen 4.55%, and over 30 days, the decline is even more dramatic, at -25.36%. This is not short-term volatility; it's a clear medium-term weakness pattern.

**Technical outlook?**

The key levels now are these: $5.10 is an important stop-loss line. If the price can hold steady here, it suggests that the bearish momentum may be weakening, and the short-term downtrend might slow down. If it breaks through, then the bears will have new momentum to continue pushing down.

Looking lower, $4.85 is the first target, then further down to $4.80. If that level also breaks, $4.75 could be tested.

**How to operate?**

For those aiming for ultra-short-term rebounds, do not buy the dip immediately — that’s too risky. Wait until the price rebounds to the $5.00-$5.10 range before considering. Also, try small positions to test the waters, and only enter full positions once the price truly stabilizes above the recent key resistance level. Otherwise, if the rebound turns around and drops sharply, you'll be caught holding the bag.

The logic for short positions is relatively clearer. The first target is $4.85, the second is $4.80. If the downtrend continues, $4.75 could also be tested. Set your stop-loss at $5.10; if the price breaks above this, admit defeat because the trend might be changing.

**Key advice**

As long as the $5.10 level holds, my bearish outlook on METIS remains unchanged. The medium-term weakness is evident, and although volume hasn't suddenly surged, the stability of selling pressure indicates bears still have strength.

For those looking to go long, the risk of catching a bottom is quite high right now. Wait for clear signs of stabilization, such as the price rising back and holding above a key level, with volume confirming the move — then it’s a relatively safer entry point.

For shorts, don’t chase after every drop. The safest approach is to wait until the price rebounds to a resistance level before entering, so you can profit from this downward move in a more disciplined way. The market is speeding up, and patience and discipline are increasingly important.