Time to buy eth
Sometimes there is a period of time of stabilization, and this may be a good idea to buy back in, but sometimes it goes back again with no time for stabilization.
At the end of the day as others have pointed, don't get fooled, no alt (including ETH) is competition for Bitcoin which will always be number 1. Look what happen when Bitcoin goes up, people start selling their alts like crazy, so always pay attention to what Bitcoin is doing because Bitcoin dictates the entire altcoin market.