Yeah, long-term this is a time to buy. Short-term this is a time to sell if you need the money (to pay off debts, start projects etc.)

What's telling is the fact the volume has been dropping so much over the past few weeks. During the speculative phase the volume according to Coin Market Cap was around $1.5 million+. Now it's usually around $200k per day.

I suspect those who need to sell are selling, and those looking to accumulate are accumulating.