The price of Ethereum is decreasing due Bitcoin price is down. The whole market price is down. But no one has the exact problem of why the price of altcoins is down. So let's see the price of Ethereum go up and further down in the future.
We can't expect Ethereum to strike high when the market is still in a bearish situation. There are also lots of events and occurrences that affect the price of Ethereum. Even the global economy is in a bad state so Ethereum alone can't rise and recover. We all know that most altcoins rely on Bitcoin which is also currently at its bearish price. I think it will still take time before Ethereum could recover.
Not sure if that can be applicable to eth because eth is a big coin. It was like a btc but only in the altcoin category. There are in fact times where eth increases and btc's position is still the same. That is what I am talking about but most of the times, both of them and the rest of the coins are in a downward position, that is because we are still in the bear market.
There are negative news that came within this year but they are not the main reason on why the bear market have occurred because bear markets are a natural phenomena here in crypto. It is usually paired by the bull market but negative news can contribute and make the price more down.