I calculate the main prices of ETH and also BTC price regarding the mining process and costs. miners are the main people that affect the price of BTC and ETH. if the prices of coins will below the mining costs, the mining will not affordable. in general, if we consider the average prices of mining in all of the world, we conclude that the lowest prices of BTC is about 6000 to 7000$. and this amount for ETH is about 400$. so if ETH decreases more than 400$, the mining of ETH will not affordable and miners will migrate to other alts. so this migration will cause stopping the mining of BTC and ETH and also will cause the price of the transaction. in long-term, this causes the raising of the price for ETH and BTC.
I do not agree with you that the price of bitcoin and Ethereum depends on production. I fundamentally disagree with you. Now the rate and price depends on speculation in the market. The price movement is now in the hands of whales, which lower the price or Vice versa raise. It is also now clear that the market is formed trend reversal. There were 3 waves of touch of the lower support line, and the level of $ 6000 the price could not break, so the price rebounded and now will go up.