Wishful thinking. This will probably not, in the short term, add sanity. It will, however, provide a buying opportunity for a week/month perhaps.

China will make some announcement in the future that softens or reverses this one, and we'll see a spike in crypto prices.

Hopefully there will be some sane regulation (or at least guidance) on ICOs to make it more difficult for scammy types to use ICOs as tools to bilk unsaavy "investors" (which includes most humans).

The dip in July was bigger. Percentage-wise and in absolute numbers.

And if you think "stability and sanity will return" to a still mostly unregulated market, you are pretty naive.

I'd even say for stability and sanity to return, they had to be there at some point in the first place which they didn't. :-)

Shaking my magic eightball: "DON'T COUNT ON IT"