Market manipulation behaviors, such as price manipulation and wash trading, are common in the cryptocurrency market. Regulatory authorities and market participants need to collaborate to maintain market price authenticity and fairness. Regulatory authorities can strengthen supervision, impose strict penalties on manipulators, and require more transparent trading practices. Market participants, including exchanges and investors, can also play a role. Exchanges can implement advanced monitoring systems to detect manipulation, and investors should be educated to identify and avoid participating in manipulated trading. By working together, they can create a more reliable and fair cryptocurrency market environment.