#SAAS pump is it a dump or is someone entering the market? How should we respond?

I saw a friend say that the pump on September 17th was the main force dumping, and I have the opposite opinion. I think someone is buying coins and rushing to enter, it should be a C-level. The analysis is as follows:
First of all, from the K-line chart, it is not a dumping pattern. Open the 1-minute K-line chart (Figure 1), the pump occurred with two K-lines at 23:39 and 23:40, with a rise lasting less than 1 minute, and a total trading volume of 26.65W coins. After that, it took 26 minutes to pull back to the position of 0.03780, during which the trading volume shrank significantly every minute, with a maximum of 10,000 coins and most only a few hundred coins. Only at the 0.0378 position was there a large order of 23.05W executed. The method of pumping and dumping is generally at the end of an uptrend (currently at the end of a downtrend), where a sudden rapid pump occurs, and the pump is done with a small amount of coins, then a large order is sold. The volume of this pump is exactly the opposite, so it is judged that this volume increase is due to someone placing market orders to buy coins, and the large order of 23.05 at the 0.0378 position is someone cutting losses to exit. In addition, everyone should not be overly cautious and disturb themselves. Let's think about it, with over 200,000 coins, at the current market price, it only amounts to more than 50,000 RMB. May I ask which institution is short of this little money? Furthermore, from the holding addresses ((, Figure 2), a few days ago, the total holding volume of positions 1 to 5 accounted for about 86%, while now it is 91.65%. The coin price has been falling these days, but they are buying, why? Are you still cutting losses? Are you still complaining? Anyway, I keep buying and buying. I am not an "institution," but I will choose to follow them. (Personal opinion, for reference only, do not blame for right or wrong)