Neo will sleep until Chinese government make crypto legal in China. Until then you can just follow what's happening and that will not be very soon. Regulating crypto in China will wake up all coins and Neo too. If Neo continue to follow development with other currencies.
I think it is not about China or other governments, it is related with all market conditions. Never mind what china says they are always talking about ban, if market recover then we can see 50-100 dollar again soon.