Although the whole market is red, I'm very much afraid of holding ETH now. In my opinion, ETH was fluctuated to its ATH when people were more interested investing in ICO. Nowadays ICO is almost dead. That is why it has less demand. I don't think it will get another ATH soon.
What's your thoughts on it? Should I hold now?
Of course you shock and afraid with the condition that eth's price reach $228 this moment, so do I. But i think the best decision now is hold your eth and not to sell it. If you have much money, you can invest in eth too. Maybe it can help to increase the eth's value. Selling your coins just make the price of eth still decrease, so don't be panic with this condition. Hold it until the market enter the better condition.