Ethereum price breakout hinges on a close above $2,535

Ethereum price hovered around $2,500 on Sep. 9 as buyers defended short-term support, but weakening momentum and negative capital flows kept a breakout above $2,535 out of reach. Summary Ethereum price traded within a narrow intraday range between $2,482.50 and $2,523.30. The 4-hour price slipped below the 20-period moving average at $2,490, while CMF fell to -0.09. A daily close above $2,525–$2,535 could open a move toward $2,550 and $2,600. The liquidation heatmap shows major liquidity concentrations near $2,430, $2,550, and $2,600. Losing the $2,478 pivot would raise the risk of a retreat toward $2,435–$2,445. Ethereum (ETH) price traded near $2,486 at the time of writing on Sep. 9 after briefly rising above $2,520 earlier in the session. Price remained almost unchanged on the daily chart as buyers and sellers competed around the psychological $2,500 level. The narrow move followed several days of consolidation after ETH recovered from its early-September low near $2,430. Buyers have repeatedly stepped in around $2,478–$2,485, but each attempt to extend the recovery has met selling pressure between $2,525 and $2,535. Spot Ethereum exchange-traded fund outflows have reduced one s...