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 has banned cryptocurrency trading about 12 times this year, however I think seasoned traders were ready for these decisions and they ignored the bad news coming out of China, they even bought on the dip.