Ether on the rebound so far today

Yesterday Ethereum (ETHUSD) did trade lower as was inferred would be the case here a few times in updates. The second largest cryptocurrency fell back below the noted first support level, at 3,760. It then later dropped to just below 3,700, before rebounding with BTC ahead of the wider US market close. However, that rebound was very soon unwound at the start of the Asian session today. Ether dropped back through 3700 once more and then took out the next, noted level at 3,645. It seems that stops were tripped all the way down to as low as 3,585. That was in part delivered by the 21 day moving average now crossing well below the 100 day, the prospect of which was highlighted here beforehand. That 21 Day average is in place right now at 3,968 and only a sustained rise back above that will shift the trend to something more positive. Having said that, it is on the rebound now today, currently rising back above 3,700. The noted 3,760 level has yet to be recovered though. ETHUSD is just now trading at 3,710