Putting aside whether or not it is manipulation or not, I would just cover the short and take the tax write off.
It is like the frustrated gambler. Yes, the odds are all on the house, so don't fight the house. Most manipulations go the other way, but this one will continue to get pumped higher.
So move on to the next one where it all evens out. Don't flip though, like the roulette player who keeps losing on black, don't suddenly start betting red because then you'll lose on both sides. Better to just stop for a bit, get out, regroup, and move on to the next target.
Everybody knows you can't fight the markets, just like you can't fight the FED, and it is foolish to try. Those of us that get burned by sudden and unexpected FED actions would do better to just stop for a bit until we get our bearings again.
Nobody, not me, not you, not anybody here, is right 100% of the time. That means we all have losses that we can use to offset some of our gains. Just don't let a bad situation become catastrophic. Get out while you still can.
Censored, why not just cover and be done with it? Sure e market is corrupt, you just bet the wrong way on the corruption, and are angry because the corruption usually works in your favor. So just cover, take your losses, and move on with your life. It is just plain stupid to continue to lose more money in a game that you keep complaining is corrupt, YET YOU STAY IN.
If you think it really is corrupt, THEN GET OUT.
If it isn't corrupt, then quit whining.
But DO SOMETHING.