The pump usually happens a few days before the overall market takes a dip. When the market is stable and digesting the gains from previous days, prices tend to surge. This is a prime time for BNB to see an artificial boost, as it captures more attention and shines during the ETF phase; just take a look at how impressive BNB really is. However, when the entire market rallies and shows bullish trends, BNB often quietly lags behind or only slightly leads the pack, Until the time comes to show others how good it is.
The trading volume comes from the spot market. Current real-time information shows that larger investors are entering long positions with substantial investment, whereas smaller traders are predominantly engaging in short selling(which is adequate to maintain the upward momentum).
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