Currently, the price of ETH has not yet surpassed its previous high, and there is still some distance to go. All ecosystems are in a recovery phase, so don't be scared by short-term declines; pullbacks are opportunities to get on board.
Everyone is saying that December is the time for institutions to cash out for year-end reports and the New Year, and indeed it is. This gives us the chance to observe the strong currencies in the market. When institutions cash out for the New Year and BTC pulls back, it will be a very good opportunity to buy some quality altcoins at a low price.