There's a big, smart short with pockets deeper than a whale puss that's gonna wreck any futile attempts at recovery.
It's just the way it is. Don't shoot the messenger.
The problem for the big pocketed folks is that unlike the gold futures market or the stock market you can't naked short BTC. You actually have to have some to sell or borrow.
This makes the market much harder to control hence the weekend attempts when people can't get fiat onto an exchange.
What does the weekend even do to keep people from "getting fiat onto an exchange"? I've never understood this. Any wire will have to be sent days in advance anyway.
I know this may be crazy to conceive but have you possibly thought that there are people who both own a lot of BTC and a lot of fiat? I know, crazy right? Who'd think that the two would be in any way correlated.