IMO the reason that this is happening is because since the creation of Bitcoin ETF's Wall Street now has the vehicle in which to do something called a carry trade. This is where hedge funds buy a lot of spot Bitcoin and then at the same time they are betting against Bitcoin in the futures market by selling Bitcoin futures contracts (shorting it) and creating selling pressure. This keeps a lid on the spot Bitcoin price, even if there is a lot of buying occurring. We can only hope that when this trade is executed by the hedge funds that it breaks and they get liquidated and we see a huge green candle on the spot Bitcoin price. A gamma squeeze would do the same thing. This is what happened in Gamestop (GME) and there were some hedge funds that had to close their doors due to the huge looses. I hope what happens here in the Bitcoin market is the same thing and that the suits get wrecked trying to manipulate the Bitcoin spot price. IMO, every time you fuck with Bitcoin it fucks you right back.