$ETH

As of May 9, 2025, the price of Ethereum (ETH) is approximately $2,346.18, with an intraday fluctuation range between $1,930.81 and $2,456.64.

Recently, the price of ETH has shown an upward trend, partly due to the successful completion of the Pectra upgrade on May 7, which is considered the most important network update since the 'Merge' in 2022, aimed at enhancing Ethereum's scalability and user experience.

In terms of technical analysis, ETH has formed a 'cup and handle' pattern, indicating a potential upward breakout, with target price levels possibly reaching $2,500 to $2,600.

Additionally, historical data shows that May is typically a strong month for ETH, with an average increase of 27.36%.

However, there is still uncertainty in the market, and investors should closely monitor market dynamics and carefully assess risks.