Yes the selling is still advancing and everything across the board is in the deep red. Some alts are down 10% relative to BTC and BTC is down itself also 10% so its getting pretty bad.

The $10K which we assumed would be decent support basically broke like butter and the sell-off went further. I am assuming this is due to that Chinese Ponzi where they were sending funds to various exchanges and selling their Bitcoins and Ethereum. Reminds me of the BitConnect event which is what caused BTC to peak at $20K and go down to $3K a year later. Hopefully this won't be the same situation this time.