Technical indicators and current data for Ethereum (ETH) in the first week of May 2026 suggest a state of cautious optimism with a tendency toward gradual upward movement, supported by positive momentum from Bitcoin and liquidity inflows from whales. Below is a summary of technical performance forecasts and key levels for this week: 1. Current price performance (May 2026) Current price: Ethereum is trading around $2,380 to $2,400. Overall trend: Ethereum is recording gains for the sixth consecutive week, with an increase of approximately 15% over the past month. Relative Strength Index (RSI): About 59, indicating bullish momentum without entering the "overbought" zone (which begins above 70), leaving room for further upside. 2. Important technical levels Resistance points (upside targets): $2,400: The current psychological and technical barrier; a stable breakout opens the door to the next target. $2,462 - $2,500: A very strong resistance zone (8/8 Murray level), where profit-taking or technical correction is expected. $2,700: The farther target if momentum continues, where it intersects with the 200-day moving average. Support points (in case of decline): $2,340: Breaking this level could send the price back to the previous downtrend channel. $2,300 - $2,250: Strong support levels that have proven their strength in recent weeks. 3. Factors influencing this week Whale activity: Notable accumulation by large wallets (Whales) recently exceeding $322 million, reinforcing confidence in price stability above $2,300. Bitcoin correlation: Ethereum benefited from Bitcoin reaching monthly record levels above $81,000, pulling the entire market higher. ETFs: Net inflows into Ethereum ETFs have recently turned positive, reducing selling pressure.$ETH

April so far has not been an easy ride. Along the way, there have been ups and downs, including small stop-losses, but overall we’ve still reaped plenty and steadily landed everything! New Snow Source’s 1.07wu plan entry—now the unit has reached 3.1wu, steadily achieving a threefold! Opportunities have never come just from waiting. Simply keep in step with the rhythm and lay out steadily—the market’s upside is right in front of our eyes. Next, continue moving forward in line with the trend and go all out to sprint toward the 10x target!#加密市场回升 $BTC $ETH

5.6 U.S. Stock Market Analysis - Shiyuan's Viewpoint The U.S. stock market continued its strong upward trend at midday, with the three major indices rising in unison, the Nasdaq and S&P 500 reaching new all-time highs, and market risk appetite steadily improving. As of midday, the Dow increased by approximately 0.52%, the Nasdaq rose by nearly 0.95%, and the S&P 500 gained about 0.77%, showing a pattern of technology leadership and sector rotation overall. Upper resistance: The Nasdaq around 25,400 and the S&P 500 near 7,280 are short-term high-level resistances. Breaking through these levels will further open upward space. Lower support: The Nasdaq between 25,200-25,150 and the S&P 500 around 7,220-7,200 are key midday zones. As long as the pullback does not break these levels, the strong trend will continue. Currently, the bullish trend in U.S. stocks is clear, with technology and chip sectors serving as the core driving forces, and overall performance remains strong. The strategy focuses on low-cost entries in core sectors, avoiding chasing high prices.