I think that with the huge potential of Etheruem as the second most traded coin on the crypto market, ether token will definitely come back stronger. It look like ether is going through some difficulty on uptrends movements probably because of some information a on social media of a huge supply of ether token that may be sent on the market. This might have caused a very slow demand from traders, and investors, in my opinion.
However, I still believe Etheruem will perform very well before the end of 2024, and it may touch $3000 or higher.