I am a hodler of ethereum and I see almost all the coins to be in a dip. I am currently buying more ethereum and holding them for a better market tomorrow.
Certainly, Ethereum will recover and even gain much, but you must be ready to hold this altcoin. I am sure that when the bull run starts, this cryptocurrency will be growing very fast.
Isn't Ethereum's utility its own downfall when it comes to deriving returns from the price? It doesn't make sense for the price to go up because the stakeholders want to keep the price low in order to maximize on utility. I suspect this is what will happen when the newness and wizardry from crypto is over.