at first when we were not on a downtrend (above $10k price) nobody was expecting a drop and it was full on manipulation. price kept crawling upwards but large amounts of bitcoin was being dumped on the market and kept pushing it down.

when the downtrend officially started, everyone changed their strategies because it was obviously a downtrend so it got bigger and will continue getting bigger until we reach a satisfying bottom where the accumulation begins. it is no longer much of a manipulation but the market wanting to go down as everyone is on board!