At least SOME of that can be attributed to ground effect. During our test for our pilot licence, they produced that exact effect with a P2 bouncing up and down to demonstrate the effect that ground effect has on rotorcraft. With the right amount of power you can keep it going indefinitely without any input from the controller.
Ground effect creates an area where much less power is required to produce lift, so the aircraft lifts, but gets out of ground effect and no longer has enough power, and descends again, only to now rise again when it gets back into the ground effect again. You can keep the bounce going indefinitely with exactly the right amount of power.
Come down slowly and gently, preferably not purely vertically, then when about a foot above ground drop power cleanly to pass through the area of GE, moving forward keeps the disturbed air from developing underneath you, and then flare slightly on landing to remove the forward momentum. Watch how real helicopters land, they're very aware of GE and that's how they land to reduce the risk.