Yeah of course that it will survive, but we dont know if the prices will go up soon.
I think that the only thing that we can do right now is just wait, we all know that it might be a bad idea to sell now (specially when everything is down by more than a fifty percent)
And if it ever recovers, it wont be soon.
I think the crypto market will survive for sure. You can see many governments and companies are launching technology research on Blockchain area, that is the future signal for recovering.