etherbelow

💥ETH just slipped under $2500 again — it's been ping-ponging that level all month.

🔥Where we are right now:
🔥 Sept 8: traded below $2,500, intraday low $2,462, model price at $2,462.32 down 1.51% that day
🔥 Sept 9-11 action: range $2,482 - $2,523, dipped below 20-period MA at $2,490, CMF -0.09
🔥 Latest prints today: Binance $2,511.89 open $2,521 / low $2,462.02 and WSJ tape has ETH $2,485 down 0.4%
So it's not a crash, it's a stall. ADX trend strength fell to 11 = no trend at all, everyone waiting on the Fed meeting Sept 16.

🔥Why pressure:
1. Risk-off - U.S./Iran oil spike to ∼$95 pushed risk assets down, ETH fell to ∼$2,372 on Sept 2 as largest liquidation since August
2. $2,535 is the breakout level traders are watching - needs to close above it to resume uptrend 3. 1-year still rough: ETH down 41.62% YoY despite being up 29% over last 30 days

$ETH #ethrium #Etherbelow 2500#LSKSurgesOver515%In24Hours #Etherium blew