The stock market is very manipulative and now on the market there are a lot of fake news. For me this is the moment to buy ETH, before ETH to another month. I believe that ETH is the best Altcoin and I'm sure the ETH will soon increase.
I also believe in future of ETH but it's hard to envisage that it will thrive in this speculative and manipulated evnironment. It won't drop to $50 though, that I am sure of.