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.
ETH has a very strong roadmap for long term development and the holders must hold it for the long term portfolios and they must be patience as the development needs a lot of research and it's not like a magic when you can do everything just in a night. Ethereum is a very suitable coin for long term.