In my opinion, Ethereum price for this past few days was such a roller coaster. The price was reach $3,500 and now the price had significant drop to $3,000. But I trust Ethereum and I think the price will come back stronger and reach $4,000 or even more. Also bitcoin price was dropping too, after its price very close to reach $50,000 last week.
At as now I think Ethereum had fallen below $3k dollar and still ranging around within tiny support and resistance. Due to Bitcoin fall and had fallen to $41k, the market is acting some how and many of altoins are doing poorly going below there normal price, falling seriously. Ethereum is still going to go up when the market recovers.