It could go both ways. When looking back at the past 3 years, January always has been a red month. This year for sure after the astronomical rise at the end of 2017. Normally in February the market start to climb again but it all depends on the fresh money which has to be injected in the cryptoworld.
Based on the technocal roadmap of aome of the major coins, 2018 should be great.
But the sentiment of the market is, according to me, an even more important factor.
Due to the lack off precedents nobody can tell. It can’t be predicted with technical analysis.
But be aware that FUD can disrupt the market, just like government decision.
I do have faith in some of the technologies, but my faith in the prices is not so high at the moment.