I am more concerned about the long-term damage to Ethereum. All the recent ICOs may decide to collectively dump their ethereum on the market on any uptick. There surely is a bunch of ETH that would need to be cleared if that happens. It could turn into a real mess with ICOs dumping and future ICOs being shelved in a bear market which further skews the supply/demand equilibrium. It could take a while to sort out.

Not to trying to be overly negative, just realistic. Many other people would surely like to buy some more ETH at real firesale prices. I don't really know what my target price is at this point. Maybe sub $100 if it happens. Sorry if it sounds obnoxious.