As of 9:50 AM on January 29, 2025 (Beijing Time), the price of Ethereum (ETH) is approximately $3,112.66, down about 0.016% from the previous trading day. The day's highest price was $3,221.19, and the lowest was $3,042.44.

Recently, the price of Ethereum has shown a downward trend, partly due to the Ethereum Foundation continuously selling off a large amount of ETH holdings, as well as a decline in network market share. Currently, the market is testing the key support level of $3,000 and the 200-day moving average. Investors should closely monitor these technical indicators to assess future price trends.