I wont be surprised, even in this year eth went as low as 120$. The important thing is that cryptocurrency is for the future. Market is very volatile.
Personally, I don't really believe that ETH is going to drop to $120 this year, I think ETH is looking pretty good now and will gradually grow in price this year.
that can happen only when whole or market was getting a huge drop. The trend will be changing into the reversal trend that will bring crypto to the bottom again.
In my opinion if everything will be fine. The chance for the price of ethereum to be dropped again is much lower than before.