$50 is unlikely, but I think it's probably going to be $120, $120 is probably the final price of eth, $120 is probably a good purchase price.
I think this will not go lower than $200 as those whales will buy more and make the price rise back to $300. This bloodbath could be the worse for this year. Those have enough funds can take advantage to buy more. Let's see how this will go in the few days.