Recently, discussions about a certain emerging coin have not diminished in intensity, with many people comparing it to the historical trends of similar projects. Today, let's examine from several dimensions whether there is a possibility for this type of coin to experience another pump.

**Reference Object and Trading Volume Signal**

The common benchmark projects on the market have basically experienced a one-sided decline from their peak to now. However, the performance of this coin is somewhat different - this is the first wave of a clear wash-out or selling phase. You can see the clues by looking at the trading volume. Recently, the trading volume in the last 4 hours reached over 70 million, which translates to approximately 300 million dollars at the price point of 4.6. This level of volume is not common among similar projects.

**Spot and Contract Games**

Interestingly, trading data shows a clear phenomenon of "dumping spot and taking contracts." What does this operation usually imply? After the market makers have completed the blood-sucking phase, the next step is to initiate a V-shaped rebound, and there is a high probability that the price will break through the previous high of 4.8. But there is a premise here—the concentration of the top ten holding addresses is as high as 98%, and with such a naturally controlled pattern, institutions are unlikely to give up easily. A highly concentrated chip means that there is still room for reverse operations.

**Why not create a new one?**

Some may ask, why not just launch a new project directly? From issuance, trading, to market recognition, a new coin typically requires an additional cycle of more than 2 months. If it encounters a bear market, the risks are magnified. In contrast, projects that have already accumulated a certain level of attention in the market only need to be pumped up again to form a new round of long and short gathering. This is a better choice for both participants and market makers.

**Time Window and Volume Verification**

The rebound won't last too long; the longer it drags on, the faster the enthusiasm dissipates. Based on the current market rhythm, the next time window for a pump is expected to be within the range of 12 to 24 hours. All technical analysis ultimately comes back to trading volume—an increase in trading volume is the signal.

**The Logic of Game Theory**

The operators of these highly controlled coins are often masters of market maneuvering, focusing on surprise tactics. The conventional operational logic you recognize is often the target of reverse operations. Violent pumps and violent washes alternate, which is a typical characteristic of such projects. Once a rebound starts, the so-called "one rise changes three views" market will emerge.

Overall, based on the concentration of holding addresses, trading volume performance, and price benchmarks, this coin still has the foundation for a restart. The key is to keep an eye on the changes in trading volume—that is the most direct signal.