There's another perspective, not just the technical, people should take a look https://steemit.com/bitcoin/@erodriguezc11/cryptocoins-turmoil-why-not-to-panic
I think it was the right time for the big players to cash out (hedge funds and ICO issuers) i thought that it would hit 200 (ETH) but it looks loke it getting strenght, don't think the bulls are gone, they are just reloading... Have a good day