In the bear market, even the positive good news does not affect the price. I saw how several large projects entered into contracts with new partners, large companies, new exchanges, and so on, but this did not affect the price. I see the market ignoring this news and events. Therefore, I would not be surprised at an ETH price of $ 50.
Quite right, there were a lot of significant events and news of a positive nature, but the market reacted, you can even say a bunch. And perhaps I agree with you, $ 50 for a coin is not a bad price, although I think that the real cost will be less