Three months later I think the depression is here for the most part price wise, fundamentally still waiting on the stability from merchant adoption and selling to balance out at a price level.
It's certainly interesting to see whether we're now finally at a turning point. Until now the pattern since the beginning of January unfortunately also matches the typical pre-drop pattern, so we're not safe yet. Today we seem to have left the small downwards channel of April, which makes me cautiously optimistic.