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?
Definitely a hold to me. We already saw the potential and dominance of ETH aside from Bitcoin. IT's a crypto, you'll never go wrong with it. You can still convert it to fiat anytime and anywhere in the world. Trade it, invest in ICO . It's just a matter of how you use it effectively.