Whether ETH can fall to the price of $ 70 for now or bounce up, seen when btc rises eth does not rise but when the btc drops eth it decreases too, whether it is possible or not
this is very common when the price of bitcoin goes down so all altcoins drop quickly. but when the price of bitcoin rises, the price of altcoin is very difficult to rise like what happens with bitcoin.
It may take a long time before it does go up it seems. It's even more likely that the price would still dip to lower levels than go up. I have a feeling eth will struggle to regain it's old form until the middle of next year.