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.
As far as i am concern,ethereum is always dependent to bitcoin's value so if we are going to use our common knowledge when bitcoin's has started to to crash most of these altcoins are going to get dumped.Which is why i am taking my profits as of the moment so that i wont be affected by the market's manipulations.