Let me share a simple accumulation operation with everyone, although it’s a bit rough.
First, let’s look at the sell orders in the picture; you can review them. You will find that these sell orders are mostly from new wallet addresses, with small and dispersed amounts. Usually, this stage is quietly accumulating chips, waiting until the chips are collected before using some calls to pump the price and sell off.
In fact, many popular rune projects operate in this way for wave trading. Generally speaking, if a cryptocurrency has a large trading volume but the price remains flat, there are usually two possibilities: one is a balanced buying and selling, in the process of selling; the other is waiting for you to lose patience and hand over your chips.
I generally do not recommend that everyone directly engage in the secondary market, as secondary operations require a high capital amount. However, if you understand the operational logic of the secondary market, it will be easier to hold onto the tokens obtained from new investments.
This season's CryptoKitties operation has been very well executed, with both the pump and wash trading being on point; the operators are also quite ruthless, often causing a price drop in half with one hit. However, the rhythm of its rise is actually traceable, and a review will reveal patterns.
Let’s wait for the market (the big pie) ecosystem to come back to life; we will meet on-chain then!