Ethereum Bulls Retreat as $5,000 Dreams Fade; $4,063 in Sight

Leading altcoin Ethereum has trended downward since its failed attempt to reclaim its all-time high on August 13. As sell-side pressure strengthens amid increased profit-taking, ETH’s price has slipped 10% in the past five days and is expected to continue declining. Ethereum Bears Gain Control ETH’s long/short ratio has dropped to a 30-day low, reflecting traders’ growing caution and a decline in bullish sentiment. As of this writing, this ratio stands at 0 source: https://beincrypto.com/eth-price-fails-to-reclaim-5000/