As long as bitcoin will go up and ethereum will be following it. Im not a pessimistic guy but just never try to be a delutional guy. The better for us to see ETH to achieve new ATH first then we can move further.
Usually ETH will follow the price of BTC on the market and if a decline occurs the movement pattern will be the same. However, interest from investors and institutions is still quite strong in seeing the potential for growth in both prices and the ecosystem in the future. Personally, I am quite optimistic about ETH in the future.