Although one would anticipate that the price of ETH should increase given that the supply has decreased by over 5,500 since last Saturday, for some reason, ETH prices haven't exactly seen the coresponding price boost despite lowered supply.
That's just one of the signs that you're in a bear market, during this times nothing matters. Even the goodnews that were might the pump your project gives the opposite result. Everyone is scared and are pulling their money out daily because the market keep dipping. When you'll start benefiting from all the development that came to your project in the near market is when the bulls are back. Every goodnews in this time of the market is seen as an opportunity to pull some money out which is why even when a coins wants to pump, it can't keep up the strength as the amount of money leaving the project is more than coming in.
Ethereum is a good project so the short term price decrease shoudn't scare you as in the long run you'll stand to benefit from investing in it. After Bitcoin, Ethereum is the only other project that one can trust in as it's the backbone of other tokens as they rely on her blockchain to function.