$1000 is almost nothing on this kind of market, it can easily achieve that price in less than a month if everything keeps going like it is happening right now. Ethereum is more than useful, so it can easily go towards that price sooner than later
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.
The is indeed some news that back it up. Nasdaq the second-largest market stock plan to support cryptocurrency exchange and in german VPE trading bank started to support cryptocurrency. So i believe there is indeed some news and development that support cryptocurrency price, i believe soon it will recover back into 700 and reach 1000 $ soon.
With the positive news around, I see we can reach that price easily.
1000 $ is just easy to reach, we need this consistent increase of crypto to continue so we holders will be rewarded.
I will hold like 10 years more and I think during the time ETH will be worth more than the price of bitcoin.