Although there are still doubts among experts, it seems that little by little the cryptocurrency market is close to a trend change. Several experts continue to point out that a fall of some importance is still very possible before this change in trend is consolidated.
Rebound in the cryptocurrency market
In recent days, the cryptocurrency market has begun a sharp rise, largely driven by Ethereum, which has surged 50% thanks to " The Merge ," Ethereum's transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS). The Merge is scheduled for September 19, 2022, and this euphoria seems to be spreading among investors, pulling most cryptocurrencies along with it.
Furthermore, the NASDAQ is also joining this rally, reaching nearly 12,500 points. However, this rebound should be viewed with caution. Although, from a technical standpoint, experts believe it appears to be reversing the downward trend of the last month, we must not forget the current economic climate, with runaway inflation and a possible recession looming.
Due to this uncertainty, several experts warn of a strong possibility of a further decline before the long-awaited trend reversal arrives.
Sep 14, 2025
