The current market dispensation does not favour those who have invested in ethereum when the price was $700. The price is currently less than $400 leaving those investors at loss.
When will the market start to rise again.
And even worse for those who bought it for 1k. There will be growth, but how long it will reach the previous level is a question, so its impossible to quickly recoup all losses.
There are those who gain profit and there are those who suffer loses. That will always be the scenario in the crypto world because if crypto will be stable then it would be less profitable and people will start moving away from it.