Ethereum has rebounded from a $2,300 support level, but I have my eyes on a support zone below between $1,900 and $2,100. I think the crypto market could bottom out within the next few days with Sept. 5 as a key date in mind. It’s boom or bust for crypto, we either get a bull market or get surprised with a recession. The inverted yield curve suggests that a recession is likely to occur 3-6 months from now, which could give crypto some time to rally. Historically during the year of the Bitcoin halving the crypto market performs very well in Q4 and Q1 so hopefully we do see a nice rally starting in October.

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