I think it's going to come back to $500.
At this price, ETH is seriously undervalued, so the real value of ETH should be around $1,000.
ETH will comeback 500$. But we do not know the exact time. Predictions around September or October. But one thing you are wrong, The real value of ETH is not 1000$. The real value of the ETH is only about 250$, so the current price may still go down