A correction was bound to happen. However, do not forget where was the price of $ETH some weeks ago.
As of May 2025 its price almost doubled, going from ~1400 to >2600 in a matter of weeks.
The volatility makes it more risky than $BTC . Still, its recovery was a violent as its collapse.
People were the most pessimistic when the price was below 1400 (fearing it would reach 2023 levels) and most optimistic when it was about 3500 (expecting an new ATH).
Do not be persuaded by anyone's opinion. Form your own.
Believing TOP CRYPTOCURRENCIES would "die" only proves a person is trading anything for a quick profit following tips.
As for Ethereum, on can assert that $ETH is not a MEME COIN, it profits from them and many other real use cases.