Other altcoins are also in a red zone. BCH has managed to stay at $530 zone, not too bad for a token like that. Although I do not have BCH, I like using it in fund movement instead of ETH.
Agree, to be honest I find the fall of Ethereum much more worrying as for me Ethereum always had a huge potential, and to see it down like it is at the moment is just sad.
And you could say Bitcoin Cash is more or less a scam (at least that's what many have been arguing since the beginning) while Ethereum always was a big project with real vision.
Bitcoin Cash may recover actually as soon as the market finds some good dynamic again, but Ethereum I am not so sure, it has been disappointing for a while now.