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.
I know that, the dumping will make the value of ETH go down. but that also means that the whales will not have the right to manipulate the price of ETH and it will lose huge profits in the future.
The whale is very smart and they will not for immediate profit but sell off ETH. trust me.