Pretty obvious of what? Price manipulation? Well, its possible but I think its really more on the ETF hype and speculation. We saw a great run in the past month but the price suddenly drops when the delays happen. If bitcoin hits another bottom its ok because I still believe bitcoin can still hit $8k this year, and go beyond that level. I will just buy at the dip and wait for a great bounce of bitcoin.
The etf hype is actually true, people today wants the price of cryptocurrency to drop so they can invest a huge amount and earn more profit when etf has already been implemented in the market.