It is been all red for ethereum with each dip in the market generally, But i think ethereum at 197 $ is a less risky enterance point.Hodl
If you are holding Etherium for last few months then there is no use to sell it in current price, I think that now you should continue to hold etherium because currently the Etheirum price is already trading too much low and I do not think that it will decrease anymore.