According to information from some crypto channels, this downtrend is due to some ICO issuers have brought the ETH number and sold out on the exchange. Other negative news, such as the Okex exchange owner arrested in China, also caused the market to decrease
I dont believe that this news can ruin the market. These are trifles, for such a global market as the crypto market. Just under the noise of this news, someone deliberately fills in the tokens. Or someone himself provokes such news to reduce the rate of BTC.