Could be just a simple case of general fatigue across the board, rather than just a lack of interest/intrigue. Almost every channel with the tag signal or whale is now waiting for poised breakouts or yet another slump. Bitcoin volatility is far from over, these types of sideways action is just the gathering momentum before some sudden move that will be as always inexplicable. As always, we'll get the post-commentaries giving us the reasons for why it happened.
Nevertheless, legislators and regulators won't just see the volatility index in the last one or two months. The most important thing for them about how to control the market or at least there is no manipulation occurs in the market which causes new investors to go broke. But, it never gonna happen due to greedy people around want profits as much as possible they can earn.
Exactly. 10 years of parabolic rises, and at least three spectacular downturns will not be easily erased by two or three months of relative stability. We've already seen multi-year stagnancy, and that didn't stop 2017's boom. Those alone will be red flags for manipulation in the traditional sense and impossible to disprove.