The crypto market witnessed a sudden sell-off on Wednesday, which plunged the leading assets, Bitcoin and Ethereum price, to $55600 and $2300 lows, respectively. However, both the coins rebounded immediately to indicate their correlation and active demand pressure at the bottom. Amid a week-long consolidation, the BTC price has rejected a major downfall below the $60000 level, and the ETH price showed similar resilience below $2500. Is a reversal imminent in September?
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