I still see the market moving sideways at the moment but I am fairly confident that the recent drop to $160 was the absolute bottom for Ethereum. I decided to add a small amount of ETH every 2 - 3 days when it was under $200 and if you have a break-even price of $700 I would suggest that you also consider adding at regular intervals now whilst it is a favourable price and start to bring your $ cost average down.