Ethereum Nears $2,400 as Fed Expectations Weigh on Crypto Markets Ahead of Apeing Presale

Ethereum is nearing $2,400 as hawkish Federal Reserve expectations weigh on cryptocurrencies. The Apeing crypto presale is scheduled to begin on September 8, 2026 at 15:00 UTC.

Apeing has reported more than 15,000 whitelist registrations ahead of the sale. The project's Stage 1 price is set at $0.0001 per $APEING token, with a proposed listing price of $0.01.

For Ethereum, market participants are watching key support levels around $2,350-$2,550. A move above $2,550 could strengthen the bullish case, while a break below $2,350 could increase downside pressure.