The new darling of the digital currencies Ethereum spiked higher yesterday into the $335
area and has slid off overnight. This 10% pop has most likely drawn in new buyers who
ouldn't wait for the price to move any higher before they got in. As the price slides off these buyers will be watching their stop losses and accounts hoping for a reversal in fortune. This range from $350 to $280 is a very important zone for Smart Money. This is the first critical zone to launch the next leg of their move higher. That is why the move to the recent high of $400 was made from this zone, and that is why they are retesting this zone now.