{"id":639815,"date":"2024-09-05T05:00:04","date_gmt":"2024-09-05T05:00:04","guid":{"rendered":"https:\/\/ktsl888.com\/?p=639815"},"modified":"2024-09-04T13:46:06","modified_gmt":"2024-09-04T13:46:06","slug":"ethereum-flips-bitcoin-in-this-key-metric","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/bitcoin-news\/ethereum-flips-bitcoin-in-this-key-metric\/","title":{"rendered":"Ethereum Slides But Flips Bitcoin In This Key Metric: Time To Load Up?"},"content":{"rendered":"
Ethereum is down nearly 35% from July highs and roughly 40% from 2024 peaks. While there is hope among holders that the coin will expand, breaking local resistance, the short-term trend favors sellers.<\/span><\/p>\n
From the daily chart, not only is ETH struggling to gain momentum and push above $2,800, but sellers have been relentless, diffusing any attempt higher. As the coin is capped below $2,500 at press time and actively aligning with the selling pressure of late August, Santiment analysts have picked out an interesting development.<\/span><\/p>\n
Ethereum Register More Users Than Bitcoin<\/span><\/h2>\n