After the FUD dump last night we have seen a bounce, a top, and now the bulls look for a higher low on the hourly. Personally traded the bounce twice on ETH last night, and just got filled 1/3 position 1155. Will look to add on a 5 min higher low. The correlation still stands with BTC where I am making my decisions on ETH based on what BTC is doing. Anticipating a lower high on the hourly and a tightening range into the rest of the morning. We should see a clear break of this range this afternoon/evening on the East Coast. Protect your trades! Getting stopped out, even for a small loss, allows for cash to play these bounces. I took a small loss in LTC last night when the dump started, and made it back easily on the first bounce trade. Remember FUD is a reason to be a bit more patient as RSI levels can get more extreme.