Everything that is happening now in the cryptocurrency market is very similar to manipulation to lure even more money into this sphere.
We've been thinking of manipulation but have you read the reports that there's no manipulation? I'm not sure if I'm going to believe those reports that this is very normal although the market went through many rought times. And the last bull run showed that it was likely.
The market has still a very long time to recover until we see the price goes back on where we used to see it flying high.