• Ether rallied to 2442.64 overnight, sellers emerged and it then turned lower

• It fell despite sharp gains in US dollar alternatives gold and silver

• Broad-based USD buying, firm US yields weighed on Ether

• Ether fell back below the 38.2% Fibo of the 2178.34-2805.45 rally

• That is the second time in as many days Ether failed to hold above that Fibo

• A daily inverted hammer formed and daily RSI turned downward

• Ether may need to consolidate recent gains if rally off Oct. 30 low is to resume
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)