Why people does really mind that Elon could really manipulate the market as a whole or does have control over? Yes, hes a billionaire but moving a trillion cap wont really be much out of his capacity.

It is just the hype and the fuds that circle arounds which make out significant impact into the entire market. Are you sure that we are already on a bear market?

Price is still holding strong atm and still playing on the support line and if this one breaks then i would really believe that we are really heading on a bearish run.