Ether dips below $2k again

Since earlier updates here on the progress of both BTC and Ether, they have fallen back. Bitcoin has now dropped below 30k once more and for the past couple of hours it has not been able to rebound much either. The current price is not far off the lows of the session. That has helped to send Ethereum (ETHUSD) back underneath $2,000. The move lower in both is further evidence of sellers still in place on rallies. There must have been many of those, that simply could not unload their positions last week. That is assuming they were not stopped out of course. The fact that the current risk conditions are pretty benign is not a good sign either. The move lower in Ether has just seen it fall to around 1,990. Its is trying to rebound a little, but it remains doubtful as to whether or not it can recapture some upside momentum