With the current price drop, i havent really heard any facts to back it up, but in several places I've read that we will have a 5-6 day decline.
I personally do not think so based on the fact that there isnt anything to back it up.
ETH is the second highest market cap holder behind Bitcoin. Since the last few days, it has been noted that ETH has shown a steady growth ratio of nearly 15% per peak day. From the last day onwards ETH is a bit busy like in daily waves. But it has made a bit of tension in December as it has already fallen in price