I am writing this post more as a comment to 
I really hope anything but a complete collapse, there are so many things based on Ethereum right now, as EOS (for the moment) and many other ERC-20 tokens. Not to mention that many other coins are traded against Ether and if it lose value, all of them will lose value, this is a reason why everything we see on the charts right now is red. But I am sure that this is just FUD and at one moment it will stop and meet a support. Then I am sure we will see jumps in prices.
If I am taking the graph of the entire cryptocurrencies market cap and I am trying to make an interpolation with how the market should have naturally grew, we can see that there is a big spike that is simply just pump and FOMO:
Just to illustrate the organic (what I like to call natural growth) vs speculative growth, I will leave here an article of 
What are we going to see?
The past evolution of market does not matter that much now, but it tells us a lot of things about what may happen so it still very important! What I believe is that the market will reach a sport right below the green line that shows the natural and intrinsic value of the market, then stabilize a bit there and maybe another FOMO. Why I say that the market will get below the support line is because it has so much inertia right now caused by the FUD that has already spread and that a bunch of people are trying to spread, just as Jason Bloomberg in his forbes article where he says that all cryptocurrencies should be banned.
This is what I think, but I am not a real investment adviser, I hope everybody will make their research and chose their investments carefully.