We're long already, after trying to capture the bottom of this pullback and suffering a slight drawdown (our average buy is around 0.01140). The trend seems to be turning up in this chart, and it presented us with a good opportunity to hedge half of our long BTC position at least.
After today's close, we could add to it on dips, so, keep an eye on it and be ready to buy ETH with BTC. I reccomend using margin, but just swapping part of your BTC for ETH is ok.
Good luck,
Ivan Labrie.