Market cap is falling without brakes, and today some whaleshave transfered thousands of eth to exchanges (some of them, are big whales that acumulated eths from since their price was few cents).
When this whales sell their eth for some million dollars the falling will be tremendous.
It is sad to hear that your judgment on ETH will fall to $ 40. We see ETH is fluctuating at $ 154 and the price at this time i believe will not be reduced like a few months ago. Because this is December when the coins tend to rise.