The market is completely being manipulated, it's been observed that $BTC is swinging in the same range for almost 3 months now, and technically it isn't right from the investors point of view. The $ORCA was doing great till last night and all of the sudden from $2.7 to $2.4 is a massive dent on investors.
Well, the market should flow automatically according to the rule of Demand and Supply. The biggest manipulation I believe in crypto is done by people who Long/Short.