This is a pump and dump market now, it rallies then dumps, same whale strategy all over again. The slow trend is upwards so expect ethereum to go past $500 soon
I've been watching that one too. It's been on a slow decline that doesn't seem like it has much energy left. That's what BTC looked like about a week ago before it bounced up.
Ethereum seems like it's waiting for a reason to kick upwards. Who knows what that might be, but it's worth holding onto for a while from what I see. There looks like there's some divergence and the momentum is building up... but it's hard to say how far it can go.