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.