Based on what I observed in the current market, Ethereum is the crypto in the market that is down 90% in his All-time High, based on my research this happened because of the ICO under Ethereum blockchain, all of this ICO dump their Ethereum to fund their project, and some of this ICO are Scam projects, let's say 90%, so what will happen to all the Eth they received from Investors? dump! after the dump this guys exit scam, my prediction is we can see a $50 Ethereum this year or maybe $20, but $20 is highly unlikely to happen.
A colleague who has relevant experience as a trader says it might dip as low as 60. But he is long term bullish. He says as soon as it dips to 60 or 70 he will be buying it at once....Actually 70 is not that long a way to go any more.