The prices went even lower than the last years' dip right before the bull market. However, the BCH hard fork with its Hash Wars doesn't seem to bring any clarity or stability to the market.
So the question is following: would the market still go down or not much more and it would make sense to start shopping?
A few days ago I would have said yes, it looks like the bottom and now is the time to buy.
However support levels have been nroken and we have dropped significantly since then. It is now a very difficult question to answer, and we will have to see how the markets play out over the next few days - will we drop further, return back to the previous support level, or start to establish new support around the current levels? It's anyone's guess.