Ethereum struggling to get above $2125

Yesterday afternoon, Ethereum took a bit of a hit as the price slumped back below 2100. The failure to make any progress above 2150 earlier in the session might have been its undoing and that later saw a series of price failures around 2125 turn into a deeper sell off. That led the price to accelerate on the downside once it dropped below 2080. The fall extended to as low as 2046 yesterday afternoon, around the time of the 4pm London FX fix. It did manage to rebound again as the wider US markets drew to a close, rising back above 2120. However, once again it seemed to run into sellers around that 2125 level. The same thing happened earlier during the Asian session today and that has helped it fall below 2080 again not that long ago. ETHUSD is currently trading at 2092.20