LAB's recent surge and crash are textbook examples of capital manipulation to pump and dump, with an extremely ugly display of market behavior.

Initially, the controlling funds violently pushed the price up, rushing from low levels to a high of 7.77, with massive volume and continuous bullish candles breaking through resistance, offering no decent pullback. Clearly, this is a classic pump-and-dump scheme detached from fundamentals, designed to attract follow-up buying. Once retail investors chase the high and their emotions are fully stimulated, the market suddenly turns into a waterfall sell-off, breaking through the middle band of the Bollinger Bands, dropping all the way down to around 5 yuan, trapping those who bought high at the top.

Currently, the price is weakly oscillating around 5.13, with the upper Bollinger Band already turning downward, and the middle band firmly suppressing the price. Every small rebound hits the middle band and is hammered back down by selling pressure. This is not stabilization but a typical downtrend continuation. On the order book, there are scattered small orders below supporting the market, while the trapped orders at 5.3 and 5.5 are tightly pressed, with no new funds willing to buy in. The bulls can't even produce a decent rebound.

For such a coin with no fundamentals, the rise and fall entirely depend on capital control. The more frantic the pump, the harsher the dump. Now, the controlling funds have long since exited and run away, leaving only the trapped orders at the top stubbornly holding on. The price is likely to continue downward in the future. In this kind of market, don’t think about rushing in—staying out and not touching it is the safest way to protect yourself. #TROLL两日涨超160% $BTC