$ETH As of January 28, 2025, Ethereum (ETH) is trading at approximately $3,173.77, reflecting a slight increase of 0.033% from the previous close.

Technical analysis indicates that ETH is testing the $3,222 resistance level, with potential to reach $3,425 if this resistance is breached.

Historically, February and March have been strong months for Ethereum, suggesting possible bullish momentum ahead.

However, Ethereum has faced challenges, including a 6.7% decline in January and increased competition from platforms like Solana.

Overall, current indicators point to a cautiously optimistic outlook for ETH.