Bitcoin and Ethereum price correction started

It appears that Ethereum and Bitcoin started its trend back down. Many people mentioned that both are over priced, and especially Ethereum analyst are saying it will have a 38% price correction happening.

The cause for spike in recent days for Bitcoin and Ethereum analyst think due to the Chinese market. Chinese switched over to invest in Bitcoin instead of the traditional stocks and savings, causing the price to surge as more buy volume than sell volume. However that is about to end, as Chinese are probably doing a sell off causing the price to drop for Bitcoin and chain reaction to Ethereum.