In certain markets, there are no reasons compatible with these strong movements!
This applies when prices fall and reach lower levels with no apparent logic!
The bull market is composed of upward and sudden movements.
What you see in traditional markets is not so smart to apply in cryptocurrencies precisely because the unpredictability is greater.
Many designs depend on whales' humor and that's all.
Now, people should know how whales could play the market and doing some hypes will look attractive to the investors but in the end, it will give you losses. We can't imagine how it grow that much without any participation without them. It maybe is not their real intention to rig others money or maybe they just want to let it known into the market.