It's a goodnews it is good entry to buy ethereum and hodl it .
I think you'd rather wait until it drops to $200, because it will drop to $200 for sure !!
Fully agree and waiting to buy it for $180-$200 per 1 ETH.
There is nothing sure in crypto currency market but anything is possible. after the $400 support level there is still another major support level and that is the $300 area. I do not know if the bears can break this support but if they did then Ethenreum price may slide down back to $150.
If the price is at that range there is a big possibility that when we reach that price it will be the bottom because $150 per Ethereum will be an attractive price.