Ether steps back so far today

Yesterday the rebound in Ethereum (ETHUSD) continued and the second largest cryptocurrency rose to as high as 1684. The move higher was unwound into the wider US market close and that was extended to as low as 1608 earlier during the Asian session today. The rebound since than has seen a move back to just above 1660, but that has run out of steam once more. So, as things currently stand we have some interim lower highs for the coin to contend with. The price is still holding above its Asian low, but it will be keeping a close eye on BTC. That is just now hovering above the 22,700 level once more and any drop there could see Ether have another look below 1600 today. ETHUSD is just now trading at 1626.25