It is not more than 4months ago I was a beliver of "the flippening". Now it seems very far away.
But the honest truth is that hype around ICO's with massive Facebook marketing, did drive ETH prices up a lot during Q4 of 2017 and during Q1 it was time to cash that out so they could build their projects, that has put a lot of pressure on ETH, which you would not find in the same manner with BTC, since most ICO funds are in ETH.
facebook is developing its own cryptocurrency . google is also studying block technology . apple is also doing about encrypted payments . the next explosion of ether will be driven by these giants . it may be this year .