I think we just hit ethereum lowest price for this year. $2000. Now we will see another sideway before we see another bullrun. But bitcoin will be the first coin goes up before ethereum. Maybe ethereum will hit its new all time high again at this end of 2021. Then we will see another bearish years ( 3years )
Wrong, just two month ago people are speculating whether ETH could breakthrough $2000 or not turns out it reached $4000 and even after massive dip it's still way above what people have predicted.
I think many people also get illusioned as if most of coins has lost its worth meanwhile just few months ago the price isn't even half of the current price, Ethereum included since it's also among the few coins that show significant growth this year.
if the dip ends and its gonna go back up again i think Ethereum could go back to $4000 in no time.