Ether still not having it

Since the last update here on the progress of Ethereum (ETHUSD), the second largest cryptocurrency is still not having it. The price failed to make any headway yesterday too, as it lagged behind BTC. Its failure to seriously threaten the $4000 handle was once again its undoing and later in the afternoon it dropped back below 3700. The price has rebounded a little today, but as per yesterday, the move higher has not been convincing and it has stalled short of 3,900, as it did repeatedly yesterday. The simple fact is becoming increasingly clear; that it is going to require a move to a new record high in BTC if Ether is to get above that milestone. That is unless the relative price dynamic between BTC and Ether shifts significantly in its favour and that is not apparent right now. Ether has traded in a range, so far covered by 3715 to 3845. It is currently trading at 3789