# Ether drops below $3,800, but traders are unwilling to short at current levels
“# Ether drops below $3,800, but traders are unwilling to short at current levels ” Even though Ether (ETH) reached a $4,870 all-time high on Nov. 10, bulls have little reason to celebrate. The 290% gains year-to-date have been overshadowed by Dec.’s 18% price drop. Still, Ethereum’s network value locked in smart contracts (TVL) increased…