The recent trend of MET is quite interesting. Looking back at the market on November 10th, it rose from 0.35 to 0.56 in just three days, an increase of over 60%. And what happened next? It was followed by a long pullback.

It dropped all the way to the 23rd, reaching a low of 0.27. Calculating it, that's more than half from the high point. This kind of trend, those who understand know — a typical trap to lure in buyers before unloading.

However, there has been something in the daily chart in the past two days. Continuous bullish closes seem to be reversing the downtrend. More importantly, the open interest for the contracts on the 24th reached a historical high. What does this data indicate? There is large capital accumulating at the bottom.

Many people have stumbled on this coin before. Now that the price is restarting, should we consider averaging down? The opportunity might be right in front of us. Of course, the risk is on you; don’t rush in without thinking.