Will Ethereum be at or above $2,440 on Sep 1?
Ethereum is only 0.45% below $2,440 with hours remaining, so a $2,440-or-higher price at 5 p.m. EDT is genuinely close.
The live settlement-basis price is $2,428.99, only 0.45% below $2,440 with less than five hours left. That gap is small enough for ordinary intraday movement, and September 1 readings have placed Ethereum on both sides of the cutoff. Repeated selling above $2,500 and large exchange deposits add downside pressure, while strong ETF inflows and recent prices above $2,440 keep the upside path open. The balance is genuinely close, with a marginal finish above $2,440 the more likely single outcome.
- Ethereum has already traded above $2,440 today, showing that the remaining gap is readily traversable.At 5:10 a.m. ET on September 1, Ethereum traded at $2,443.30.
- Strong recent ETF demand provides a supportive institutional-flow backdrop, though its relevance is limited over a few hours.U.S. spot Ethereum ETFs recorded about $824.42 million of net inflows for the week ending August 28, their highest weekly total of 2026.
- Ethereum currently sits just below the settlement threshold, leaving YES dependent on an afternoon recovery.On September 1, Ethereum's settlement-basis price was $2,428.99 with about 4.7 hours remaining, 0.45% below $2,440.
- Repeated rejection above $2,500 indicates persistent selling pressure and weak upward follow-through.On September 1, Ethereum was reported to have encountered selling pressure during multiple attempts to break above $2,500 to $2,550.
- Large transfers to exchanges create near-term sell-overhang risk during the remaining window.By September 1, a large holder had deposited 70,739 ETH worth about $174 million across several exchanges over two days.
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