It's a global correction including the stock market so I guess everybody are affected with it and not just bitcoin and eth.
It may continue and it won't. Not all the time the price will be always at dip as it will make the people keep on buying.
And be ready as it will be rising soon.
I think you are right. The big whales in the cryto market may also big whales in the other market. I think they just decide to sell some of coins, which have a significant effect on the price.