#GateSquareMayTradingShare ETH is trading around $2,377 with a 7-day gain of +5.3% and a 30-day gain of +6.2%. However, the underlying picture remains mixed, with strong institutional inflows and upcoming scaling upgrades on one side, and macro pressure along with technical resistance signals on the other. Positive Catalysts

Ethereum is trading near $2,377 with modest gains, reflecting a market in transition. Strong institutional inflows, rising staking activity, and upcoming upgrades like Glamsterdam and Pectra support long-term growth and scalability. However, macro uncertainty, weak momentum near the $2,360–$2,400 resistance zone, and mixed derivatives sentiment limit upside. Overall, sentiment remains cautiously optimistic as ETH balances structural strength against short-term pressure.