Just think and answer yourself: Why BTC will rise from here? or what would be bullish again?
If your answer is Trump Tweet, FED Chair Talk, Microstrategy pouring a billion again,... then are we getting manipulated?
If one simple talk or buy or sell can liquidate billions and drop 50% how stable is this?
You know Gold is comparably stable(recently there is speculation there too but it is same reason)!
When whales/Institutions/Marker makers hold more than Retailers and the divergence is significant then these manipulations re obvious!
If you want to make Crypto great you should buy 80% Spot and 20% whatever like perps or options etc
When Retailers believe and take over there is less probability of manipulations!!
I hope i shared my thoughts!!!