Is it a good time to put some money into eth, or is it falling more?
if you see the trend is still bearish, and you definitely understand what will happen in the future. buying/investing when it's bear, will only make him worry. the price keeps dropping and your investment loses. so better wait for the situation to get better. my advice is better to keep waiting until it's actually in dip.
Ethereum price has already dropped about -60% from its last ATH and investing in ETH now doesn't seem like a bad idea even if there is still going to be a dip, I don't think it will be another -20% cos that could bring the price to below $1k which I don't think will happen hopefully besides, look at your investment for a long term even though I understand we are trying to maximize our gains.