Ethereum fell roughly 0.8% over 24 hours to around $2,450 on Aug. 31, remaining above $2,400 after failing to hold gains above $2,500. The token is down roughly 0.6% over seven days but remains up 27.2% over 14 days and 29.4% over the past month. Selling near $2,500 has limited the advance from about $1,918 on Aug. 18. Macro pressure increased after Federal Reserve Chair Kevin Warsh's Aug. 28 Jackson Hole speech, with rate markets assigning roughly a 57% probability to a September increase, the two-year Treasury yield reaching around 4.33% and the dollar hitting a two-week high. Renewed fighting between the US and Iran also pushed Brent crude 3.2% higher to $90.97 per barrel. Ethereum demand has remained firm: US spot Ethereum ETFs attracted $225.8 million on Aug. 27 and $102.1 million on Aug. 28, extending their inflow streak to 10 sessions and roughly $1.42 billion. Staking (locking crypto to earn rewards) also remains heavily weighted toward deposits, with 42.4 million ETH, or 34.8% of supply, staked and another 2.1 million ETH awaiting entry. Technically, ETH is consolidating below clustered hourly exponential moving averages, with the 200-hour average near $2,424.97 providing key support.