Most of these sudden surges are caused by hackers or market maker programs malfunctioning. Such outrageous price increases usually end up being a futile effort. During that period, I never left the order book, keeping my eyes glued to the spot market order book of a major exchange. I saw the order book being canceled at one point, and I initially thought it was the exchange's risk control team taking action, so I quickly marked the time to try to buy the dip. Turns out, things are not that simple—the real story is just beginning. The appearance and disappearance of those large abnormal orders are signals being sent at every step.