Ether holding $3500 as Bitcoin dips back below 54k

The latest moves in the crypto sphere have just now delivered a move lower in BTC. The lead coin has just dipped below 54k for the first time today. The move lower there is also having a negative impact elsewhere too, as the likes of Monero (XMRUSD) fall back from an earlier session high above $296. The reason for the move lower in BTC right now is not abundantly clear and could in part be due to a lack of momentum above 55k earlier today and a repeated failure to move to the next and noted important resistance level. Naturally, if the price action is anything like what it has been over the past couple of days, then this fall back may present little more than another buying opportunity for those that are seeking further gains. That remains to be seen of course. At the same time as BTC has fallen back, Ether has so far resisted a corresponding move back below 3500. Bitcoin is just now trading rebounding back above 54k after dropping close to 53,800 a few moments ago