Simply because there are many factors that control the market and not just F&G, the market maker always tries to use F&G to manipulate traders and direct the market in the direction he wants, but this does not always work.

F&G often succeeds in new markets when there is no complete certainty in the future of the market, as was the case with Bitcoin at the beginning of the market, but today I think that its impact has decreased very much due to the increased certainty of Bitcoin traders and their acquisition of great experience over time.