Not necessarily manipulation. Wicks like these can also mean that weak hands became nervous with calm waters/no movement and threw in the cards only to be bought out. They are on the sidelines now with cash in hand.
edward_Z
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@coin8300, there are too many weak hands, when a price goes suddenly up with few percentages and instantly down with another few % and then just come back from where it start...I'm with the manipulation part...
BorisPoff
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@zekis, there are exactly as many weak hands as shown on the charts. This is as standard flushing the stops as they come. There is literally nothing here to presume anything other than standard crypto behavior of the last years. Call it whatever you want. One thing for sure - nothing to be surprised about.