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?
in current market conditions, it is indeed awry in holding coins for a long time, but if you hold ETH you better be patient for a while until the crypto market returns to normal.
Just divide the coins in long- and short-term horizon view. And for short terms once it meets my goal, I sell it off and book profits and for the longer-term perspective if there is a dip in the prices this is where the buying opportunity comes, and I start accumulating the coins back again. So, for ETH long term is bullish on this coin and should continue holding it.