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.
Bouncing in the cryptocurrency market
In recent days, the cryptocurrency market has started a strong climb, dragged largely by Ethereum that has risen 50% thanks to " The Merge ", Pow's Ethereum transition (mining verification) to Pos (Verification by stacking). The Merge already has a date, September 19, 2022, and this euphoria seems to be spread among investors, dragging most cryptocurrencies.
In addition, the Nasdaq is also accompanying this rally arriving around 12,500 points. However, this rebound must be taken with caution, although at the technical level according to experts it seems that it begins to change the bearish trend of the last month, we must not forget the economic moment in which we are, with the runaled IPC and a possible recession at the return of the corner.
Due to this uncertainty, several experts warn of an enormous possibility that a new decrease occurs, before the long -awaited trend comes.
