After a long time, Ethereum price increased well but it seems they failed to keep the high zone for a long time. Today Ethereum price decreased more than 25$ and it continues. Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!
In the presence of bear market all coins are powerless because what then rules the market is emotions and people cashing out to stablecoins while some accumulates. What am saying is that, even if Ethereum falls below $200 it will still come back up, moreover it was there before and later surged in price. In the same way, with Ethereum have some updates coming soon, there is every tendency that the price will increase massively. Lastly Ethereum is one of the best altcoins even when it dumps there is always hope of it rising.