
Ethereum breaks below $2,350 support, exits August trading range
- —ETH trades at $2,322.8 after a session range of $2,331.13–$2,410.86
- —Weekly volume has dropped to roughly $10 billion from $15 billion at peak prices
- —Market cap stands at $284 billion with 24-hour volume of $7.57 billion
- —Price is about 43% below the late-2025 high near $4,160
Why it matters: Losing the two-month base risks heavier selling in Ethereum-linked L2, DeFi and liquid staking tokens as liquidity thins.
Source: Siam Blockchain