I think that the Market to stabilize would need probably 3 weeks from now, it is completely normal be that way. It is January still people lost their money on Holidays, and next month they will invest everything they have in Crypto, so we just need to wait. If you rush and start selling, your loses will be huge, and unjustified.
I think the price now getting stable at now and the price is not moving too far but maybe in the February, we can see that the price start to increase back. since no one knows when the price will recover, we could only wait like you said and we don't have to get panic or feel that waiting for the price increase is a waste of time because we will see the price will reach the highest price again.