Based on what I observed in the current market, Ethereum is the crypto in the market that is down 90% in his All-time High, based on my research this happened because of the ICO under Ethereum blockchain, all of this ICO dump their Ethereum to fund their project, and some of this ICO are Scam projects, let's say 90%, so what will happen to all the Eth they received from Investors? dump! after the dump this guys exit scam, my prediction is we can see a $50 Ethereum this year or maybe $20, but $20 is highly unlikely to happen.
Like you , I also noticed that it will happen in the near future but we can't conclude for now that it will really happen. We all know that life in crypto industry has too much surprises, what if Ethereum will hit again 500$ ? or even more than that . Many investors for now sold their tokens with ethereum contract so that they can avoid lossing some profits. All we can do for now, is to have patience to the good times to come.