It seems the hours passed and we're still there. However, it's interesting to watch everyone on the tip of their toes with the mouse cursors above the "Sell" button, just because there's a prediction of a price decline initiated in China. That lingers in the air and my honest opinion is that China will not initiate this. They might follow if Stamp / BTCe starts the downtrend, but I'm thinking that the odds they actually starting it are diminishing by the hour.
That doesn't mean it won't happen - you can actually feel the tension - it's palpable - and it might happen "just because" everyone's expecting it, without a clear reason; If the news from Russia did this much to destabilize the market, the bears will wake up at the first alarm their smartphones will trigger at the slightest price drop.

However, the question goes backwards: everybody's so eager to sell these days, will they be as eager (if not more) to buy back after the 1st ?