Yes you could be right and there are so many who thinks like you. but you could also be wrong, that is why if they are really just frightening us, I think this months long drops in crypto prices are successful scaring many holders.
for that they scare people to fear losses. The trader should seek benefits in any market fluctuations. And the easiest way is to find a profit in an artificial market created by manipulations. You just need to do what the manipulators do. Namely - to buy.