Sure, it's still somewhat mysterious exactly why amphetamine's typical duration of perceived central effects doesn't quite square with the amount of time it should be circulating through the bloodstream. And one theory that I personally think has a lot to it is exactly as you say: various 'curves' of effect that arise from acute tachyphylaxis.
High seas of theory ahead, sorry. After all I'm one of the people who started talking about memantine a lot in recent years:
Dopamine "depletion" per se doesn't occur at anywhere near therapeutic doses of amphetamine, or even the more reasonable range of recreational doses ... it seems to take a lot for this to happen.
More to the point in terms of both short-term and long-term sensitivity/tolerance is acute receptor re-regulation, triggered responses of desensitization and sensitization.
We already understand, I think, that the sleep state where amphetamine is withdrawn (relatively) is pretty relevant in the way the response develops. To an extent these acute changes are reversed during a sleep phase, although perhaps a dominating trend (of tolerance or sensitization to any particular effects) begins to linger and take precedence and this is the development of what is perceived as more long-term tolerance or sensitivity.
Practically speaking, I find that on amphetamine, if I take my jumpy, reward-primed neurons and go do something like jerk off or play a video-game, something essentially low challenge with easy rewards, then the stuff feels like it wears off a hell of a lot faster than if I were to -- relaxedly, because high stress burns out the effect too -- work on something challenging yet interesting during the day, like my artistic pursuits/career. Hmm. Acutely and over time.
Opting for sleep deprivation, again IME, is also a way to create an ephemeral quality in the effects. By the way, to a significant extent my experience of "tolerance" in general is largely of the stuff (say a Vyvanse) working, but only for like two hours. That and adrenergic effects becoming prominent as a higher dose is needed to achieve the desired effects, which for me include a stimulation of motivation and joie de vivre as much or moreso than focus. I take memantine and use behavioral strategies and healthy living, with much success taking the same therapeutic amphetamine dose 6 out of 7 days for almost two years now. YMMV.