Ethereum price loses $2,500 as MACD turns bearish

Ethereum price fell toward $2,475 after a brief move above $2,600 failed, leaving ETH exposed to weaker momentum and leveraged volatility ahead of two major U.S. events. Summary Ethereum price reversed from above $2,600 and fell about 2% toward $2,475. 4-hour Bollinger Bands place immediate support near $2,469 and resistance near $2,550. Daily MACD has turned bearish, while an ADX reading of 17.73 signals weak trend strength. The Federal Reserve decision and CLARITY Act vote could keep volatility elevated. Ethereum price falls back below $2,500 According to data from crypto.news, Ethereum (ETH) price traded near $2,475 on Sept. 15 after dropping approximately 2% over the previous 24 hours. The decline followed a sharp rejection above $2,600, where buyers failed to sustain a breakout. The daily chart shows ETH opening at $2,515.72 before trading between $2,465.60 and $2,520 during the latest session. The token was down 1.65% at the time of writing. Price action remains volatile after ETH climbed above $2,600 during the prior session and quickly surrendered the entire move. The reversal pushed the token below the $2,500 psychological level and back into the consolidation range that h...