Bitcoin and Ether switch places

There ahs been a shift this afternoon in the cryptocurrency space and that involves Bitcoin and Ethereum. Earlier today Ether tried to rise above 2800, but it could not quite manage it and now it has fallen back towards 2700. Hence there is a potential double top set up there in place ahead of the weekend, but that will require that the price does not trade back above 2800 ahead of the wider US market close tonight. Irrespective of that though; what has happened this afternoon is that Bitcoin has jumped higher at the same time as Ether has fallen back. Hence there looks like there has been a not insignificant rotation trade between the two. That is to say a switch out of Ether and into Bitcoin. That is the opposite to what has been unfolding for several days now. Perhaps it is profit taking on that relative trade or perhaps it is just not necessarily connected. However, the feeling here is that this is a trade that is connected and the price action is clearly indicating that too. Bitcoin has now risen to fresh session highs as it drives up above 56,000, currently trading at 56,175