The current ETH is only suitable for the long term. look at the price movements on the market, it doesn't look good for daily trading. for the long term, I'm sure there is no doubt about this asset. especially for the future with a new system, it seems like everyone will hold their ETH longer to get more.
the current situation is indeed very difficult to guess, so by thinking that ethereum is the best coin to hold in the long run for now. to be honest, I have also held ethereum for quite a long time. I even felt that achieving the price of $ 500 was enough to pay for the time I made to hold ethereum
it all depends on which price you bought ETH. if you bought Ethereum for $ 100 then reaching an ETH price of $ 500 would be a very good deal for you. but if your buy orders were at the level of 800-1000 dollars, then your situation will also remain very bad when ETH will reach 500 dollars