It's a small recovery, but it's still a good sign for Ethereum and all the crypto market overall, as many Erc20 Tokens are influenced by Ethereum's price. The price right now is still undervalued, and it should go up to at least 300$ in the near future.
with this news can add fresh air, investors who are patient and sure to wait to invest in crypto currencies, benefit from the opportunity if we already feel we can get a profit