Excursions in gradient magnitude pose a persistent challenge when training deep networks. In this paper, we study the early training phases of deep normalized ReLU networks, accounting for the induced scale invariance by examining effective learning rates (LRs). Starting with the well-known fact that batch normalization (BN) leads to exponentially exploding gradients at initialization, we develop an ODE-based model to describe early training dynamics. Our model predicts that in the gradient flow, effective LRs will eventually equalize, aligning with empirical findings on warm-up training. Using large LRs is analogous to applying an explicit solver to a stiff non-linear ODE, causing overshooting and vanishing gradients in lower layers after the first step. Achieving overall balance demands careful tuning of LRs, depth, and (optionally) momentum. Our model predicts the formation of spreads in effective LRs, consistent with empirical measurements. Moreover, we observe that large spreads in effective LRs result in training issues concerning accuracy, indicating the importance of controlling these dynamics. To further support a causal relationship, we implement a simple scheduling scheme prescribing uniform effective LRs across layers and confirm accuracy benefits.