Update
Ethereum Price Analysis: ETH Tests $2,352 Support
Ethereum traded near $2,371 on October 24 after perpetual-futures open interest fell 15.95% over 24 hours. The price analysis suggests an orderly leverage reduction, with Ethereum remaining above the wider $2,300 demand area. The four-hour chart showed a failed rebound toward $2,500 before selling pushed below $2,418, with ETH trading near $2,371.21. ETH faced immediate chart support at $2,352.15 and immediate bearish pressure from the 50-period exponential moving average at $2,425.90.