Almost every discussion about altcoins majorly is centered around ETH, this has taken over the first page of the
https://bitcointalk.org/index.php?board=67.0 section. This goes to show the important of the coin in the space and how much premium is being placed on it. My belief is that ETH will not die and most ICOs will continue to launch on the network. This will make the price to back up as the demand for it will increase.
The price of Ethereum will begin to recover exactly when the ICO will again begin to gain popularity. Now it is simply impossible, even the top ICO is not gaining on its sale of 100% of the funds, so Ethereum is not needed and it will decline again. A market turn into a bullish trend will push to buy all tokens and start investing ICO then Ethereum will start to grow 3 times faster than bitcoin.