The last three months ecpm has dropped 10%-20% each month for my website. Traffic has slightly increased each month and the quality of traffic appears to be good (bounce rate & time on site are steady). I looked at the top money pages and they are still getting good traffic. I doubt advertisers are bidding less money on Adwords but it is possible. Adblockers are getting better but they've been around a long time so why cause a dramatic drop now?