Will Ethereum fall to $500?

I'm quite concerned about the future of Ethereum. With the volatile nature of the cryptocurrency market, it's hard to predict what will happen next. I've noticed that Ethereum's price has been fluctuating quite a bit recently, and I'm wondering if it's going to continue to decline. Could Ethereum potentially fall to $500 in the near future? Or is there a chance that it could rebound and recover its lost value? I'd appreciate your thoughts and insights on this matter.