Meteora jumps 30% with 3000% volume surge, but retail traders show caution amid strong big-player activity

Meteora (MET) saw a sharp 30% price increase within 24 hours, accompanied by a massive 3000% rise in trading volume, indicating strong market interest and fresh capital inflow. Open Interest also climbed, suggesting new participation rather than just position rotation. However, elevated funding rates and a drop to 47% long positions reveal retail traders are hesitant, leaving the rally mainly driven by larger players. The price remains above key moving averages, but future gains depend on broader market participation returning.