Ethereum (ETHUSD) back below $1300 this morning

Yesterday was another rollercoaster day for Ethereum. The price dropped back to session lows just ahead of the 4pm London FX fix, falling to as low as $1246. It later rebounded into the wider US market close, to back above 1360. Today it has traded to as high as 1375 earlier on, but it has recently dipped back underneath 1300 again. The range yesterday was actually more compressed than seen of late, with $140 covering it. So far today it has been covered by a range just short of $100. The exact range today has been covered by 1375.41 to 1276.82 so far. The overall trend higher is still very much intact but a break back below 1200 from here would tend to place a question mark on that just now. ETHUSD is currently trading at 1294.45