For tokens with poor liquidity—like this one, 🐶 the whales find it hard to execute large openings smoothly in a steady market. They need to create extreme volatility to locate counterparties. Before the pump, the price is consolidating at a low level. The whales may have already staged long positions, then rapidly drive the price up with a small amount of capital, drawing in the market’s follow-on chasing orders. After reaching a high, they sell the low-priced chips to the retail investors who are chasing the price upward, completing a buy low and sell high cycle. Now the price is almost back to the point where the move began, confirming that this isn’t a trend start—it’s short-term arbitrage. Don’t fool yourself; the best choice is to not touch it.