Any thoughts on how far it will drop? Is Ethereum a better play right now?
There is no limit how far it will drop soon or later but as far as i know about some people are talking about the bitcoin whales are tried to pull back the market. A big bullish already happened last year and a big bearish must have happened in this year. Another big bullish will come again soon or later. But in fact with recent news about social media ban for crypto advertisement and that gives the more pressure to the ether.