ETH Bounces after Breakdown

Ethereum is rebounding this morning after selling off sharply on Tuesday. It has managed to stay above the $4000 mark which is psychological support and where Ethereum rose back swiftly. ETH is headed towards the price level of September at fib 2.65 where it can bounce back and continue the Bullish trend again. In case of a major correction in Bitcoin, we can see Ethereum coming down to fib 3.65 near the $3700 mark. Currently its in a $4000-$4600 range.