Ethereum is really good, but the current situation in the market says the opposite and partly the reason is that many ICO scammers use it to raise funds from the public.
OK, because the external causes impacted on this coin, so during this time, their prices continued to fall. And we see that ETH is currently at $ 190. the lowest price since the beginning of 2018 so far.
I think the drop in ethereum price doesn't have anything to do with the scam ico , and I see many ico that are profitable for investors, drop prices for ethreum now because of the worsening market conditions ,so when the market conditions recover I am sure the ethereum will rise
Decreasing the price of eth, actually now is a decrease in all altcoins. So the market decline is evenly distributed and I am sure that there are times to strengthen each coin, keep in mind that eth has a team of developers and holders who will defend for a good future.