Do not panic sell. It seems like you are new to crypto investing. ETH is one of the best (or should I say 2nd best coin after BTC) in the crypto market. Although ETH is currently down and trading under $3k, trust me, when the crypto market bull run starts, there are high chances that the ETH price might go beyond $10k. So, whatever the amount you have, hold it for at least one year and you will not regret your decision.
Your advice is worth considering as it is never good to sell precious asset like Ethereum in panic, it is indeed worth holding for long term. Some of the prominent market analysts are suggesting that itys price could reach $5000 once the market condition improve the impact of its ETF is fully realized, hopefully in the last quarter of 2024.