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?
We're all guessing at the moment, but the bearish sentiment isn't showing any signs of going away.
I am still quite confident that prices will start to recover once the BCH noise has quietened down, but as yet there is no evidence to support this so this is pure speculation.
Long-term I think the prices will be much higher than now, so it may be a good time to buy right now. It's down to each individual's personal circumstances though. I certainly wouldn't throw a lot of money into the current market, but that's not to say it's a bad idea.