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.
I think that the minimum price of the ethereum was the price of $ 300 per 1 coin. It was really very cheap, especially since ethereum it cost $ 1,400