When price are falling it is general perception that they will keep going more down and this is where majority of traders loose. I will fully do agree that price will not fall further because already damage is serious. Whales play with markets but till some certain point which can be used to reverse the market easily. They don't want situation to go out of control so it was bottom in my opinion.
Like 400 was the bottom a month or so ago? Or 500 a little before that? Time to step out imo. Either BTC or something completely different. Eth is finished. Well done to those who sold back end of last year for either fiat or BTC. Rest are losers.