From the time I wrote my last posts ETH pumped a little bit, it even touched $12 and now sits a little below it. To me it looks like a clear accumulation phase, if ETH didn't break after the DAO and ETC it won't go lower than this with Devcon 2 news and development progress coming out.
I've bought some at the dips at 178 and low 180 so I think I'm good, I'm not going all in of course but if I see the price did below those levels I'll definitely buy some more.