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Ethereum struggles near $2,300 support after October losses, eyes $2,600 recovery if $2,500 reclaimed.

Market News
24 Oct 2026
Coinpaper
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Neutral
Ethereum struggles near $2,300 support after October losses, eyes $2,600 recovery if $2,500 reclaimed.

Ethereum has lost about 12% in October, trading near a critical support level around $2,300. Despite attempts, it has struggled to sustain gains above $2,500, with institutional ETF withdrawals weighing on the price. A modest inflow recently hints at potential buying interest, but the market remains fragile. Reclaiming $2,500 could trigger a rally toward $2,600, while falling below $2,300 risks further declines to $2,150–$2,200. Upcoming network developments may influence confidence but won't guarantee price increases.

Ethereum's recent price struggles are mirrored in Pluang's market data, where ETH trades at Rp42.348.767 as of Oct 25, 2026 03:01 WIB. The platform shows a 1-day decline of 1.94%, with a market cap of Rp5.168,05 trillion and active order flow leaning towards buying at 62%. Typical hold time on Pluang is 108 days, indicating a moderately patient investor base amid current volatility.

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