Ether eyeing $4000 again

Following updates here yesterday on the weekend price action in both Bitcoin and Ethereum (ETHUSD) the latter has just taken another hit in very recent trading. The rebound from a low point on Saturday, at $3,482 had delivered a rebound to as high as 4,255 yesterday afternoon as was covered here in that update. Well, since then the second largest cryptocurrency has not been able to make any further progress. The price has recently just slipped back some more, falling back below 4,100 and towards 4,000 again. The range seen so far today has been covered by 4,059 to 4,209. The risks of another drop below 4k are clearly still live. It is currently trading at 4,062