China freezes ICOs to work on regulation for ICOs (which is a necessary step not only in China). This is affecting NEO and maybe Ethereum. But no need to sell coins like Steem, LTC, SIA, BTC a.s.o..
However Crypto has always been a 'Lemmings' market. This means selling (like today and tomorrow I guess) as buying in good times :).
So the exciting moment is at which market cap the trend is going to change ... is it 70 Bn - (a total Desaster like in July?) or 120 Bn (my guess). And how long does it take until 170bn again? Which coin will be the big winners, which the big losers due to reallocation ....
However, don't be to sad - it might be to late to sell - so just hodl and enjoy you days anyway.
Some tweets from today: