According to CoinMeta, on September 1st, the price of Ethereum remained between the support level of $2,400 and the resistance level of $2,500. The strength of the trend weakened, and momentum diminished, increasing the risk of a callback driven by liquidity. The current price of Ethereum ( ETH ) is around $2,460, with little change in the past 24 hours, and it has fallen by about 1% in the past week. The token has retreated from its high of nearly $2,564 on August 27th, and buyers have not been able to sustain the breakthrough at the end of August. According to CoinGecko data, Ethereum's 24-hour trading volume has decreased by about 21%, to around $11.35 billion, indicating a reduction in participation. Ethereum is still trapped between the $2,400 support level and the resistance range of $2,500 to $2,565; breaking through this range could determine whether the rebound in August will continue or lead to a deeper correction.