Currently many projects are built on erc20 which means the market demand for ethereum coins will be high. From these conditions we can conclude that the ethereum will increase. But he will experience a slight decline in the middle.
Yes ethereum experiencing of a decline for so many reasons. It does'nt mean ethereum value could go down forever so the case for ethereum is just a temporary in downtrend. However, I believe once bitcoin surges up of price ethereum price will follow.