Will Ethereum drop below $240 again do you believe?
If you are wishing it to drop at $240 then forget about it since it will require a bearish trend again to attain that. If you are planning to buy ETH, you should have bought it before during the bearish trend. We are now in a bullish trend and it will take a while before Ethereum starts to pullback again to that price. Just embrace the bullishness this month and the upcoming months of bull run.
With some people finding it hard to believe that history do repeat itself in crypto market. I guess we can't all understand the concept behind the crypto currency market whenever the Bitcoin halving is coming.
The best option for people that which to see ETH drop back to $240 is to seize the opportunity of the market sightly correction whenever it happen.