The downtrend is across the entire crypto industry. You need to look at the big picture instead of just focussing on aetherium or any other single cryptocurrency. If you look at all the cryptocurrencies in the past month, will actually the past few days they have dipped a lot. For example, Bitcoin was worth $10,000 a few days ago, and now is worth only 8,000.
Maybe he is talking about only Ethereum, but I agree there is no way to know how the market will improve,it's a high volatile market so high that even the most experts cannot figure out if we are going to continue the trend or the market will go up and down, it seem everything is done back door, I trust my portfolio will perform even if the market is not in a good condition.