#GateSquareMayTradingShare #GateSquareMayTradingShare As of May 6, 2026, the Ethereum price is trading at $2,318.82. The intraday high was $2,423.74 and the low was $2,313.89. The last 24-hour change is -2.02%. The market capitalization is around $286.09 billion. The circulating supply is 120.69 million ETH. Support and Resistance Zones In the short term, the price is experiencing a correction. The first support is $2,313, which is the intraday low. Further below, there is psychological support at $2,300 and a previous consolidation zone around $2,250. The first resistance on the upside is $2,366, which is the opening and previous closing level. Above this, $2,423 is the intraday high and acts as a short-term barrier. Stronger resistance levels are the psychological level at $2,500 and the 50-day moving average around $2,650. The all-time high was recorded on August 25, 2025, at $4,946.05. The current price is about 53% below the ATH level. What to Watch Out For Ethereum’s price is directly related to network activity, total value locked, and the adoption of layer 2 solutions. Daily trading volume is around $10.81 billion. Spot ETF products are trading in the market. The ISHARES ETHEREUM TRUST ETF price is $17.72, with a -1.01% change in the last 24 hours. Network upgrades and scalability solutions act as catalysts for the price. EIP updates, gas fees, and burn mechanisms influence ETH supply dynamics. There is no maximum supply limit, but deflationary periods may occur through burns. Macro interest rate environments and Bitcoin movements are reflected in Ethereum’s price. Regulation news and institutional adoption determine the medium-term trend. Due to high volatility, risk management is crucial. In investment decisions, not only technical levels but also network usage metrics, developer activity, ETF inflows and outflows, and macro developments should be considered. Position sizes should match your risk tolerance. Note: This content is not investment advice. Always do your own research. #eth #TopCopyTradingScout #Gate广场五月交易分享

The biggest enemy in the crypto world has never been the market trend, but greed, impatience, and blindly following the crowd. Less luck-based all-in bets, more rational planning, steady progress, and cautious advancement will take you further than aggressive risks. Yesterday, Bitcoin surged to around 82,828 and then started to pull back, currently dropping to around 80,767, with most of yesterday’s gains essentially erased. Ethereum also surged to around 2,422 yesterday before entering a correction, now falling to around 2,311. From a technical perspective on the four-hour chart, after a series of strong breakouts, it has begun to pause. This pause is still considered a correction, as previously discussed, but since the upward space is quite large, a casual retracement can change the current bullish structure. In the short term, it’s important to judge strength or weakness based on pattern and closing momentum. After touching the high point last night and pulling back, all the gains have been erased, indicating short-term weakness, but the overall bullish trend remains unchanged. On Thursday, buy around 80,500-80,700 for Bitcoin, with targets at 82,000-83,000. For Ethereum, buy around 2,310, with targets at 2,400-2,425. $BTC $GT $ETH

$ETH $ETH Ethereum (ETH) May 2026* As of May 6, 2026, the price of Ethereum is *$2,390.44*, up from $2,295.63 at the beginning of the month. May has become the strongest month in ETH history, with an average return of 34.7%. ETH experienced two bullish months before May 2026: March +7.07% and April +6.95%. The target price range for May is $2,230 to $2,800, with a key level at the 200-day exponential moving average (EMA) of $2,618. The main catalyst for 2026 is the Fusaka upgrade, which reduces Layer 2 costs by 95% and increases TPS to over 12,000. Adoption of real-world assets (RWA) is also very strong, with over $11 billion in real-world assets on Ethereum.