It is clear from vitalik's statement that etf and mass adoption both were must to progress big. Etf could pave path for the investment from large scale investors, and causes immediate price pumping, while the adoption in the low level common people will cause a gradual rise and this is quite strong and never required for the dependence over etf.
ETF would be the way to call the attention of some people and it will cause the pump then and then the price would be sustainable if those retail investors would join in. For now, it is dipping and maybe it is just getting ready for the incoming run then. We should just always plan our trades and have some target prices so that we can secure profits. We need a catalyst because some people got discourage of the previous bear market and for the people to join in again, they should see the price shoot up and get their trust again.