Market-wise, I think this ETH correction will be driven by a drop in the BTC price. Once BTC finds its bottom (could be at 6000 or new lower level) then ETH will find a bottom too.
I have no idea what the time frame on this is.
However, if we do enter a bear market it can take a long time - maybe months to complete. I think that in the next days (week) we might have confirmation of a bear or bull market. Patience is the only thing I can advise.