Ethereum’s recent price action has been too weak lately—it’s hard to squeeze out gains of a few dozen points, and it takes two days. As of May 1, 2026, Ethereum is showing a narrow-range, slightly bearish oscillation in the short term. The price is around $2,260, with bulls and bears locked in a stalemate. Resistance is clearly visible at $2,350—$2,400 above, while support lies at $2,200—$2,250 below. Influenced by macro sentiment, on-chain data, and technical expectations, volatility remains high. There is currently no strong one-way trend overall, and the market mainly consolidates within a range.