Why Ethereum is going down ? Why Ethereum's Price Dropped? explained

What's up everyone. My name is Jigar Parmar and welcome to my steemit account.so lets have look on coin market cap first,
Market Cap: $88,447,274,774 / 24h Vol: $2,500,862,390 / BTC Dominance: 45.4% and going down and down so let's have a look at bitcoin, Bitcoin is at $2442.85 so Bitcoin is in a situation where it's basically being consolidating from the last month.and ethereum is holding at $227.63 and that is not good but everybody wants to know why ethereum is going down so i have an answer but i don't know my answer is right or wrong.
Lots of ICo's are coming in short time with some great features and updates and people are getting attracted with them and all the people are buying ICO's with their Ethereum and to develop their coins they are selling all the ethereum and that is not good and the second reason is the new traders, lots of new traders bought ethereum on high prise and they are panicking and selling all the ethreum so i suggest if you have any ethereum you should hold that and wait for right time and i think ethreum has great future. Just relax we know this is long term thing and we've been through a lot op updown like this

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