I don't see Ethereum that low again, if the price failed to hit $80 during Covid dump then the price has withstand the worse. I believe people are betting big on Ethereum now with the coming Eth 2.0 there is no other event this year that will make people more bullish on Altcoins.
Yes, I agree with you, this is a time of economic crisis, almost the entire world is influenced by covid19, but until now Eth still survives above $ 202, until now I still believe in Eth.