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 will always go up starting from today, even it's decreasing, it won't be that low, the price of ETH is still $647 today, and i think it will reach $1k soon, so just wait and don't lose hope on ETH, keep invest ETH and hodl them for a longtime