Ethereum hype is dead, yet the price remains fairly stable.. They need a major announcement to get new investors on board..
The price is strong because the marketcap is also very strong and big enough to not get dumped to the ground, you can't kill a coin with 1 billion marketcap so easily, but i believe that the pow turning into pos will make etheruem in trouble, it will fade away slowly until forgotten like litecoin or other big old coin
you don't know how the marketcap works and it actually because of this huge marketcap will die slowly over time. just the same way Dogecoin is dying right now. these coins with a huge supply and an increasing supply have always been getting dumped as fast too.
but the same as Dogecoin or other coins that doesn't mean they won't get pumped and ethereum has a big pump overdue.