There are lots of factors and "supposed" factors so we can pinpoint what triggers the pump. You can google some recent news and made up an analyzation by yourself. And besides the pump for over $1,000 is just a common happening crypto. Remember that about week/s ago, the price also went down to a margin of $1,000+ before getting a nice sit at around $6,000+ for day.

Just be used on this kind of pump and don't mind literally what's the reason. Take advantage of it instead or if you able take a ride during the dip then play with the right strategy now to cope up with the current trend.

Is this a start of a bull run? Let's watch and see.