This coin can be considered the standard method for the recent Alpha+ contract projects. Before mid-August, the price was basically sideways around $0.054, with very little fluctuation and low trading volume. The market maker quietly accumulated and built a position.

In late August to early September, the price suddenly surged from around 0.05 to above 0.1, accompanied by an increase in Trading Volume. The market maker began to drive the price up, attracting retail investors' attention, creating signals to initiate the market, and encouraging more people to follow.

In early September, there were multiple sharp drops and spikes, with two obvious spike-like surges (rising to 0.35), followed by a rapid decline.

Typical high-level wash trading: market makers continuously oscillate at high levels to wash out retail investors who follow the trend, while they themselves buy back positions during sharp declines.

The alternation of large bullish and large bearish candlesticks is a common tactic used by market makers to create panic and greed.

After September 10, it fluctuated downward all the way, with trading volume gradually decreasing, and the coin price maintained around 0.1 in a sideways movement.

From the chart, it can be seen that we are currently in the sideways phase after the distribution. To initiate a new major trend, new capital needs to enter the market. A market maker that has already distributed once generally will not immediately push up the price again without a new story or new funds, as the risks and costs are too high. A more common tactic is to grind down retail investors' patience through prolonged sideways movement, shake off floating positions, and then seize the opportunity to launch a second wave of the market.