Another day and another record for Ethereum

Once again Ethereum has reversed an early session relapse today. That saw the price drop back from a new record high at 3549, to as low as 3380 just as the European markets reopened today. Well, since then it has been a steady climb higher for the second largest cryptocurrency. It has just accelerated too as it took out the previous high. That led to an extension to as high as 3581 not long ago. However, in the past few minutes it has just turned lower again and it is now falling back quite steeply towards 3500 again. The price action this evening is fluid and unpredictable and that makes it not easy to trade. However, the trend is still very much the friend at the moment, but up here this evening a degree of caution might be advisable given the propensity for this one to shed $100-200 very quickly at times, from each and every record it makes. ETHUSD is just now trading at 3535