ETH slips below $2,400, down 1.29% on the day

A single intraday dip under a round number is thin material on its own; the notable part is that ETH is trading near a psychological threshold rather than at a level with structural significance. For traders and desks tracking spot momentum, such levels tend to matter more for positioning and liquidation clustering than for any fundamental shift. Whether the move extends beyond an intraday print, or reverses back above the threshold, is the open question worth watching.