Operational Details:
Commonly occurs just before a sudden drop due to negative news, such as disputes with the project party or anomalies in on-chain data.
In reality, these negative factors have little impact and are mainly used for market manipulation.
Summary
True market manipulation generally does not disrupt the basic control structure (such as the proportion of main positions and stable liquidity).
If it is an on-chain token, pay attention to the liquidity pool. If there is a large-scale withdrawal from the liquidity pool and large orders are flowing out, then it is not market manipulation; it means the operator wants to exit.