Price recovery of ETH is not yet happening this time due to the recent bearish drop but I still continue to believe that ETH will soon gain back the existing price before and even perhaps increase it's value in the next few months. Due to the expected bullish run to occur within the year, ETH may increase it's price up to $1.4K where people would gain more confidence to invest further with ETH.
Recovering slowly is a good news and hoping it is continuing increasing until it comes to its original value. Many investors willing to invest if it is gonna happen.