#SATS If a market trend occurs at this stage, its core purpose may be based on the following situations, and you need to further observe in conjunction with real-time data:

1. Test market pressure and chip stability: The market maker may first use a small amount of capital to drive a slight increase, with the aim of observing the degree of selling pressure in different price ranges (i.e., "test the waters"), to collect information for subsequent real upward movements or selling strategies.

2. Pumping up to attract attention for selling: If the market maker has already accumulated chips and has a certain profit, they may raise the price when market sentiment warms up. The main purpose could be to attract retail investors to follow suit and buy in, thus distributing their chips to the new buyers. Especially in areas above the price where there are historical trapped positions, the pump seems more like "setting the stage" for the trapped investors to sell, rather than aiming for the long term.

3. Creating volatility for new capital to build positions: It is also possible that new major funds are entering the market, creating price fluctuations to force those who are not firm in their positions ("floating chips") to sell their shares, thereby completing the building of positions at relatively low levels. This type of market often experiences significant volatility in its early stages.