Presently, it does not look like it is ready to bounce back but it is rather dipping more but I am sure it will recover soon when there is high demand for it and we stop spreading negative news around it.
Ethereum is the best altcoin for long time but i am so shock when the value of eth dump to , $198 this day but i know ethereum can bounceback and maybe it will happen on the month of october or november, all the holders like me should not give up in eth.
The sharp decline in the ETH's value had shocked many of the investors but I don't think that it would get lower even than this. All this coin now would be requiring some time to recover and will definitely bounce back within the upcoming months but till then all the investors need to be patient and have to keep faith in it...