This didn’t cool off… it got sold into.
That first spike pulled attention fast. But since then, every bounce is weaker. Price keeps slipping back to the same zone, and buyers aren’t stepping up with conviction. Volume faded right after the move — that’s not strength, that’s exit liquidity.
Feels like early buyers distributed into late chasers… now it’s drifting, waiting for a decision.
Either this base holds and flips sentiment again… or it breaks and all that hype unwinds fast.
Right now? I’m not chasing this.
This looks more like a reset than a continuation.
METIS
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