Ethereum Price Today: ETH Holds Above $2,360 After Dropping to $2,310 – Key Levels to Watch
Ethereum Ethereum Price Today: ETH Holds Above $2,360 After Dropping to $2,310 – Key Levels to Watch Ethereum is sitting near $2,374 on May 5, 2026, after one of those sessions where the chart tells a pretty clear story once you zoom out. Big drop early, choppy grind in the middle, then a cleaner move higher once Asia opened. Not pretty, but buyers did show up. ETH opened the 24-hour window at $2,363.5 and immediately started leaking. By the time sellers were done, price had touched $2,310, about $53 lower than where it started. From there it was slow going for most of the day. What the Last 24 Hours Actually Looked Like Worth walking through the chart in order, because the structure matters here. The drop to $2,310 happened fast, within the first couple hours of the session. That kind of speed usually means stop hunts or a liquidation flush rather than genuine distribution. After that, ETH spent most of the afternoon and evening in a tight range between $2,330 and $2,360, red on the chart, but not falling further. Around 4:00 AM on May 5, something shifted. Volume came in, ETH cleared back above the $2,363 open, and price ran up to a session high