ETH has some problems.
Recommending it after a 50% decline takes some guts, especially after the "Status" ICO brought the network to its knees.
A lot of the downforce is due to ICO's cashing out, and since they are growing in popularity - I'd be careful about catching the knife here.
More likely 160's on deck, but what do I know - been bearish since the bounce at 320's.
I know, its the new shiny alt-thing, and you have to pile in because... reasons. Just make sure those reasons count. ETH has a low notional value that makes it susceptible to a variety of market shennanigans.