It looks like they're manipulating the markets and are getting ready for another big bull run in order to cash out twice, one on the value increase and two on the futures. After which they can short the market again, profit, buyout cheap bitcoin from scared sellers, rinse repeat.
They figured they couldn't beat Crypto but if they control the majority supply they control the value. Pretty soon they'll set up Bitcoin banks and then we'll have defeated the purpose of Bitcoin in the first place.
Looking good today. Hitting the first upper-trend line I have drawn. It bounced off the lower-trend line. Green box is major resistance. $3660 has been acting as a support area (white horizontal line, matching the volume profilers red line), being the price level of major trade action from last year during the pump. If we fail to break the trend-line the aggressive bearish trend continues.