It's been a long time since Ethereum is performing below it's standards as we all remember even when the value of bitcoin dripped ridiculously still the value of ethereum was good but now from past 3 months wherein ethereum is struggling to survive. Will it reach $1000 market before this year end ?
I think it is going to keep what its doing, the problem with eth is that the amount of people who are selling their ETH will never got low because in the end when you create an ICO on eth blockchain people are sending their ETH to the ICO owner and they are getting whatever token or coin it is.
In return that ICO owner sells his ethereum whenever he needs to pay something and gets money back for stuff he needs to pay. Which means eth has a vicious circle of sellers and buyers, people buy to pay for ICO and ICO owners sell to pay for stuff. As soon as people start to not buy for ICO and the ICO owners of the old kept on selling it became very low valued.