When the downtime issue came out, the market indeed panicked. Trading stalled, and with the long and short positions already in a stalemate, many people, fearing problems, decided to sell first and ask questions later, causing all cryptocurrencies to drop.
Sol Morning Brother's trading strategy is still to short, and one can enter around the current price of 209.2, with a target of 203.5, and if it breaks down, then look for 200.3.