I also thinks the same i believe that eth has chances to go below 350$. This is really bad news for new comers who invested in cryptocurrencies in january 2018. Cryptocurrency prices crashed in early February, after an astronomical rise in November and December 2017. Now they're crashing again, with many coins dropping back around the depths of their February lows. I personally have strong faith in cryptocurrencies specially in my favourite Steem bitshares eos vechain. This type crash happened every year so no need to bothered about it . I'm expecting more dip in steem price may be around 1 $ after that i will buy steem power. What do you think steem can go down to 1$??
You're right about this correction not being anything new. Someday though the recovery from lows will be news as some things never recover. Not saying that it will be this time, but there will come the day when the real trash just keeps heading to the lower right of the charts.