I guess ETH is back to its pavilion now, nearly it has pumped upto $50 from last week and slowly rocking, Yes it was really struggling this entire last quarter due to continuous price fluctuations. I hope it will regain its position as king of Alts.
I'm not totally confident it will. ICO's have first caused ETH's mooning, but then collapsing prices of most of the tokens issued on Ethereum has caused a sell-off of ETH as well. Trauma is big and it'll take time for the market to recover confidence.
trust for ico is now also connected to their smart contract platform, if Eth doesn't improve the system more complex, then they will be the biggest reason for the era of the destruction of the erc-20 coins on the market, some coins have entered mainnet processes and separated from them to face the worst possible.
but I also believe that after January, Eth will return to the best performance after that if they want to return the price at least not fall continuously.