in terms of market auction theory, if you see the chart, there are two price levels that it will be ping-ponging:
the market is trying to find a fair value price between these two, I expect some compression between the blue and purple lines until a further price discovery (lower or higher). Let me know if it is confusing enough :)
RE: Crypto Market Update - Aug 14, 2017: Bitcoin /ETH / Ripple /BitcoinCash /Neo + Steem