Is moving this slow a good thing?

A guy I've been interested in and I went out for a birthday party and danced together (quite suggestively). He then came over to my place after. He asked if we could have sex and I said it was too soon and he said he respected that. He then held me and we went to sleep. Next morning we hung out and then he went home. We still haven't even kissed.

Is he just moving slowly with me (this is the first guy who's ever been okay with that) or did I just get put in the friend zone?
Updates:
+1 y
Thanks for the advice guys, I'll let you know how it goes.
Is moving this slow a good thing?
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