I honestly think that people are starting to get really sick of China's behavior.
What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).
Should we really expect a bear market?
China repeatedly has a policy of being very unsupportive of the crypto market and appears selfish in its policies. i think china may have a specific purpose and china doesn't want other countries to be able to compete with china in crypto, so china is issuing unreasonable policies
That's true, China was never supportive of cryptocurrency, despite having large mining operations. This isn't something new, a quick look back in the past few years will reveal a lot about China and its policies against the freedom of its citizens. Such incidents will definitely affect the market, up to a degree, however, its impact won't last long and will recover eventually.