There were some thoughts about the continuous dipping of ethereum, and the most understandable for me is the end of ICO hype.
There not a lot of ICOs today, and whats more - all of 2017' ICOs need to cash out to pay side jobs, maybe development, maybe marketing and etc. so the price can continue dip.
That was just a gift for these ICOs to receive eth that was 1200 instead of 200-300. And maybe when the price will go closer to 200 they can sell it immediately and we can see the bottom of the price
Waiting for a long time is not going to guarantee it's going to increase. We have to promote the coin for it to get a higher price.
Exactly. Demand for Ether isn't coming by itself. There needs to be a reason to buy it. The past few months we're seeing more sell pressure. It has been reasoned that ICOs like EOS are selling their Ether, although I wonder why they waited this long instead of selling when it was $1300.