Ethereum backs away from another record high

Yesterday afternoon as Ether was rising to set new record highs it was noted here on the quick news; that a degree of caution might be warranted up there, as it often suffers a $100-200 relapse after doing that. Well, that is exactly what happened yesterday evening. Ether rose to 3607 as the wider European markets were drawing to a close. It then suffered a pretty precipitous fall as it dropped back exactly $200, to 3406. It did rebound once again in early Asian trade today, but that rebound stalled at 3542 and it has since fallen back again, to as low as 3357 not that long ago. Now of course we know the force is strong with this one so it would be unwise to rule out another record at some point today. ETHUSD is currently on the rebound again and just now trading at 3424