ETH held strong during the cryto selloff these past two weeks. This means most people are "HODLing". I believe that Ethereum will outperform Bitcoin and LiteCoin in 2018. I would buy at any chance when it drops.
The $1,000 will be a psychological resistance level. Will take a little time for ETH to trade above it. Give it time. People are taking profits at these levels but will eventually return.
All I can say is that this is a beast! My top pick for 2018.