China determines very seriously about the development of blockade technologies: the creation of several institutes, dozens of centers, but at the same time, they almost ban whole cryptocurrencies.
We need to be patient with China. Yes, they cause price decline with all this hesitation and mixed signals. But sooner or later, Chinese investors will return and believe me, when they do, the price could go beyond ATH. But we need to wait that China adopts its laws and regulations. They are very cautious but this is not necessarily a bad thing.