If ETH goes back to $700 i think we will all celebrate Rumspringa even tho winter is coming 
And that will be the time where holders would likely to choose between holding and selling and it's possible that it can happen earlier than that, somewhere around $500.People who have learned from the past will start to do this. They have high expectation and set price but its better to be smart and outsmart the market by not putting your hands to the top instead, they have to depend to the current situation of the market. Rinse and repeat.