if most of the trading volume is in china, and Alibaba is a massive f@ck off Chinese company going public...... then makes sense that it has a bit to do with the freefall happening. Add to that some aggressive shorting, reg uncertainty and bearish sentiment and you have what we have.
If u r a confident trader, ur probably up to ur neck in this action.
If u r a Nuclear Winterite (nov-dec buyer) u may have sold or are sorry.
If u bought under the 200's u r either anxious or waiting to buy the bottom.
If u have faith in the protocol and the future, ur holding.