This is not exactly an uncommon perspective for analysis: For many crypto tokens, the most intense surge phase is actually front-loading the buying pressure of the next stage. Crypto market traders can buy with spot, or they can borrow money or use futures to amplify their positions in advance. The latter method concentrates what would have been gradual future buying into a much shorter timeframe. Token prices skyrocket, and onlookers, seeing the rally, jump in and open positions. Once a large number of people have already bought in and are bearing the holding costs, sustaining the uptrend requires even stronger new demand. When prices start to drop, the liquidation of leveraged positions concentrates the selling pressure, causing the token to crash again. Seeing a token suddenly accelerate only proves that the funds entering at the moment are in a rush—it doesn’t prove that its upward trend can be sustained.