GIGGLE staged a textbook rebound today. In 24 hours, the price violently pumped from a low of $95.97 to a high of $272.49, with a rise of over a hundred percent, and is currently stabilizing around the $213 mark.

The logic behind this round of pump is actually not complicated: the continuous decline has cleared out most of the floating chips, and the bottom chips are held by players who either have faith or are bold enough. With fewer circulating chips in the market, when large funds exert a little force, the price soars like a runaway horse. Today, the trading volume suddenly surged, with bulls concentrating their fire upwards; the rise was so fierce that it directly attracted chasing buyers, and the panic buying pushed it further.

A typical short-term sentiment game. This kind of violent pump feels good, but the pullback will be just as harsh. If the momentum seems off, it's time to run quickly.