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On May 5th, Ethereum's overall trend remained steady and strong, relying on key support levels to continue oscillating and gathering momentum, closely following Bitcoin's bullish rhythm to initiate a rebound rally.
A pullback to the 2320–2340 range during the day can be used to gradually establish long positions, with a stop loss placed at 2280. In the short term, focus first on the 2400 resistance level, with the trend expected to continue upward toward 2500 and beyond.