Ether still reluctantly tracking BTC

Left to its own devices the price of Ethereum (ETHUSD) might well be lower than where it is right now. The second largest cryptocurrency has clearly been lagging the price action seen in BTC for the past few days. It is also suffering from the overhang of stalling at 4372 last Thursday, and setting in place a really pronounced double top at around that level. The rebound from the the low point subsequent to the 4372 high was set at 3,890 on Friday and the rise following that low has been quite sequential, with clearly defined waves, up to as high as 4,257 a little earlier today. Naturally, the 4372-4379 is the major level to note should the current upside run be extended, but the price action since the weekend, although steady, does suggest a degree of trepidation at the same time. The range seen to far today has been covered by that high at 4257, to a low at 4178. The current price is right now towards the bottom end of that range, currently at 4186