Yesterday Ethereum (ETHUSD) was holding a range approximately defined in the short term by 1800 to 1850 as noted here at the time. Well, once the downside caved in yesterday evening and the price fell through 1800, that was the catalyst for a deeper move to the downside. Eventually that led to the price falling to around 1735 at the start of the Asian session today. Understandably that move was greatly assisted by Bitcoin falling back below 57k once again. It was almost certainly delivered by that corresponding fall too. No matter though, because today the number two cryptocurrency is back up again today. A short while ago it recovered the 1800 handle once again and that had led to as high as 1826 so far. In fact, it has just reached high mark as this is being typed. A break above 1832 from here could also see it retest the 1850 mark, which was a level it rejected yesterday afternoon. ETHUSD is just now trading at 1824.50