Ether rebounds from earlier session lows

Yesterday the rebound in Ethereum (ETHUSD) continued again as the second largest coin rose further above $1900, reaching a high at 1941.65. Since then is has fallen back and clearly that move has coincided with a drop back in the US stock markets at the same time. That has seen Ether fall to as low as 1858.45 so far today. It has rebounded off that low now and is currently pushing back up towards the 1900 handle again. Little appears to have changed in the immediate outlook on this one, but it is by no means certain to continue unless it can really make a move above 2k from here. There is a risk that this is a fourth wave correction and if that is the case, then we might be at, or close to the end of it right now. This surely needs confirmation though, but it is something to be mindful of, especially if you own this at much lower levels. ETHUSD is just now trading at 1894.75