Why has the Ethereum price dropped? could the banks be here!

So why is the Eth price dropping?!

From my understanding and basic business economics, there are 3 key areas why eth is dropping:

1. (The most likely) ICOs have have popped up all over the place, left right and centre. NOW, the whole point of an ICO is to raise capital/investment. Their teams cannot work/live being paid in digital coins that technically have no value until project is complete. They are ALL at some point/time, exiting the ETH or BTC market through the various fiat convertors/exit points. This is causing the price of ETH and BTC to drop as there aren't enough buyers (OR New customers) to support the green candles to counter the red candles.

The second 2 points are just here say but still play a part:

1. Huge whales that T-bag the market with their huge load... of coins ;) can shake the confidence in a token/coin in the public eyes. Could these be the banks!

2. A few flaws have been highlighted in the Eth network as the backbone to support all these Dapps/Services proposed by these ICOs, especially during high transaction events (ICOs). People are potentially losing faith in a block chain that was supposed to be the answer to the Bitcoin block chain issues.

What are your thoughts?