Next year will certainly be bullish. I think that the price will not only recover, but also grow.
I agree with you ethereum will not only recover but grow in the future. We should be used to this happened in cryptocurrencies market. In 2013, bitcoin fallen from $1200 to $86 and the same pattern is repeating itself again. If you think ethereum is dead you will lose out in the game. Ethereum is not death and if you are selling your large holding now you should know that you are feeding the big investors. It is very important that you should keep holding and when ethereum began to grow again you will be able to sell at profits.
The current price drops are caused by whales to cause panic and buy as much cheap coins as possible from frightened inexperienced investors. There is no doubt that as soon as they have full pockets, the ETH price will start to grow. This is how this market works.
That is how the financial markets work. We would see more of this panic selling from the weak hands in a long run but whales always take the advantage.