After a long time, Ethereum price increased well but it seems they failed to keep the high zone for a long time. Today Ethereum price decreased more than 25$ and it continues. Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!
Now the whole cryptocurrency market is going through hard times. But this should be temporary, in my opinion.
The cryptocurrency market goes through these times over and over again throughout its existence. By the way, in general, any phenomenon in the world can be called temporary, nothing is permanent.
The crypto market is nothing more than a zone of constant volatility, depending on a huge number of factors.