first ETH has to be dumped down to go down to its real value then we can talk about bouncing back. although the real value of it is not easy to determine because its only utility is ICOs and they are failing these days.
some say its value is below $50 though.
after it reached that price then it will surely starts having pumps again. although i doubt that it can ever go back to its ATH, that price was a one time thing.