ETH Slips Below $2,500, Down 1.28% on the Day

Reclaiming a round number like $2,500 matters less than the fact that ETH is ceding it while broader risk appetite remains the dominant driver for large-cap crypto. The level carries psychological weight for traders and often acts as a pivot for short-term positioning, so a sustained break can feed momentum in either direction. The open question is whether this is a routine intraday dip within a range or the start of a deeper repricing — watch whether ETH stabilizes quickly or keeps bleeding into the next session.