Ether drifts back

Last night after the Fed decision, Ethereum did just about manage to push its way to set a new all time record high, at 4,668. That just surpassed the previous record high set earlier in the session. However, it fell back earlier today and it has been stepping back from that level having stalled short of recovering back above 4,600 earlier in the Asian session. The drop back this morning has taken it below 4500 a little earlier on and it is hovering around that level right now. The low seen a little earlier has been set at around 4485 and that low is above an interim low reached yesterday afternoon when it based out at 4457.  Clearly there is a risk of a return to below that level extending a little more to the downside. The the current move lower is being delivered by a drop back below 62k in recent BTC trading. ETHUSD is currently trading at $4498