Ether a sideways show for now

Yesterday afternoon as Bitcoin ebbed and flowed and threw out a few very sporadic moves, that did allow for a brief visit, a little deeper below the noted 3,300 support area in Ether. The price did briefly drop to as low as 3275, but it did not stay down there for long. The subsequent rebound clearly owed much to move back above 49k in BTC. Ether then rallied back above 3,400, to as high as 3,435 and that has been the extend of its gains since then. For most of the Asian session and so far in Europe today it has not managed to hold a rise back above 3,400 again. Of course there has been a good deal of pairs trading going on with BTC and that has not helped the overall direction in pure dollar terms. The other observation since the move back above 3,300 has been the failure so far to get back above 3,500. There is a clearly defined double top just short of there now that has helped to cap the topside. The most immediate range to today has continued to condense inside 3,350 and 3,425. ETHUSD is currently trading at 3,386