After several weeks of choppy trading, Ether, the world's second-largest cryptocurrency by market capitalization, briefly touched $4,000 on Thursday. The Cryptocurrency has dropped about 4% in last month, compared to 20% drop in BTC. On the daily chart, the RSI is also the most oversold since late September, which preceded a price rally. Still, as with bitcoin, upside appears to be constrained around the $4,800 ETH all-time high.