I'm holding Ethereum for the long term as I believe it will eventually be accepted by many central banks as an asset class choice on their balance along with a basket of other currencies like btc and XRP. Short term I see Ethereum trading in the 800-550dollar region. My long term outlook this year is the alot more bullish with a maximum price of ($7000).
I believe this year a flood of money will enter the crypto space especially from China. I forecast the RMB to weaken VS the Dollar short in short term, tempting Chinese buyers to buy up crypto's. My clients and friends are big holders of ETH, XRP , NEO, XLM, EOS, BTC and LTC.