I do not think ETH will drop to $ 50, although ETH drops to $ 170 but it immediately rose to $ 230 and now prices are stable at this level. I think ETH price will increase to $ 1000 at the end of year.
Because the control of developers and big investors, combined with the help of people, eth still maintained at a very good price, the opportunity for it to go down to a lower price is almost impossible, $170 is probably the last wall to stop this collapse. ETH will not allow its value to be lower than that price, it knows if it breaks that price, it will have no way back, and not just it, the whole market will be pulled down along with it, unless the market goes to the bottom of development, this means a complete collapse, otherwise we will never see $50 / ETH.