Do you really think this pump is purely driven by buying pressure? In reality, with just a bit of volatility, market makers slightly pull back liquidity, and shorting whales get liquidated. With insufficient liquidity above, market orders keep eating through the order book. What happens when the depth and orders aren’t enough? They keep pushing up to find more orders to fill. Suddenly, a chain reaction of liquidations forces more market orders upward. This is often how price surges are driven. ETH btc