Lots of BS out there.
IMO the hedge funds are panicked. They will band together to crash the market so they can blame Reddit WSB community. They want to somehow ban or restrict populist Bear Traps of their short positions. Retail investors got wise to their manipulation before they could take profits and the hedge funds got burned.
The hedge funds are unwinding long and short positions and want to blame retail investors. The media will go along with it. They all stick together.
The hedges can’t at this point. In fact, tomorrow Asia can bid GME up even higher since 1/31 is a Monday for them. The shorts, in a normal situation, would face literally unlimited downside risk.
However, this is 2021 and you can steal the US presidency if you want. I guess we’ll see what happens on 2/1.