The situation of the market currently is worse than that, Ethereum drops as low as 300$ and might continue to drop. It is a normal occurence in cryptocurrency. There would be dumps, and there would be highs. We should all hold our coins and wait for another all time high. And we would all be happy.
I do the same strategy in this period. I am in cryptocurrency, because I belive in the value and the blockchain. There are good and promising projects who can change a lot, one of them is Ethereum. On long term we wil see a bullish turn.