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.
ETF or what is the reason behind we still don't know, it was obvious that the price is not predictable in bitcoin. Actually, the price in the market now as a pop up again maybe theirs a whale bought a huge amount in the market that makes bitcoin up a little.
I guess this pop up and down trend process repeatedly happened as what I have observed.