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<ul class="wp-block-list"><li><strong>Ted Pillows, a crypto analyst, has said that reclaiming a level between $3,000 and $3,050 could push ETH price to the $3,200 zone.</strong></li><li><strong>ETH price has surged by 2.06% in 24 hours.</strong></li><li><strong>ETH is projected to reach $3,372.40 in the next 1 month.</strong></li></ul><p>A crypto analyst has stated that the ETH price could be pushed to a new high, provided it reclaims the required margin. He has said that an alternative scenario could see ETH dip to yearly lows. This comes at a time when the token is attempting to recover from recent hits, given that US President Donald Trump has withdrawn European tariffs now.</p><h3 class="wp-block-heading" id="h-probably-eth-price-high">Probably ETH Price High</h3><p>Ted Pillows, a <a href="https://thenewscrypto.com/crypto-analyst-picks-re-entry-points-after-btc-liquidity-briefly-surpassed-92k/" rel="noopener noreferrer nofollow">notable crypto analyst</a>, has said that ETH is trying to reclaim the $3k level, adding that a $3,200 zone could happen. However, the ETH price must first reclaim a margin between $3,000 and $3,050.</p><div><blockquote class="twitter-tweet"><p><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> is now trying to reclaim the $3,000 level.<br><br>A reclaim of the $3,000-$3,050 level will push Ethereum towards the $3,200 zone.<br><br>A failure to reclaim this zone will push ETH to new yearly lows. <a href="https://t.co/uEGb4OiFHx" rel="noopener noreferrer nofollow">pic.twitter.com/uEGb4OiFHx</a></p>— Ted (@TedPillows) <a href="https://twitter.com/TedPillows/status/2014255715180044304?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 22, 2026</a></blockquote></div><p>Ted Pillows has called out an alternative scenario where Ethereum tokens could note yearly lows if they don’t reclaim the zone. This comes days after he pointed out the <a href="https://thenewscrypto.com/crypto-analyst-points-to-the-bloody-monday-factor-after-crypto-market-slips/" rel="noopener noreferrer nofollow">Bloody Monday Factor</a>, which possibly led to significant losses earlier this week. A few community members who commented on the post are hoping for a positive weekly close.</p><h3 class="wp-block-heading" id="h-surge-in-eth-price">Surge in ETH Price</h3><p>The ETH price has surged over the last 24 hours. It is <a href="https://thenewscrypto.com/bitmine-stakes-5-66b-in-eth-as-institutional-demand-drives-market-shift/" rel="noopener noreferrer nofollow">now trading</a> at $3,011.10, up by 2.06%. This is also a jump of 1.62% on a monthly basis. The 24-hour trading volume of the token has reached $33.33 billion after climbing 12.34%. Ether peaked at $4,953.73 on August 25, 2025. It is now down by 39.34% from that value.</p><p>The current jump in the ETH price is credited to the <a href="https://thenewscrypto.com/crypto-market-sighs-relief-after-trump-drops-eu-tariff-threats/" rel="noopener noreferrer nofollow">withdrawal of European tariffs</a> by Trump, among many other factors. The US President announced that negotiations will continue, but talks so far don’t require him to impose tariffs on eight European countries – something that he was planning to put into effect from February 01, 2026.</p><h3 class="wp-block-heading" id="h-revised-eth-price-projection">Revised ETH Price Projection</h3><p>The <a href="https://thenewscrypto.com/ethereum-eth-price-prediction/" rel="noopener noreferrer nofollow">ETH price projection</a> has been revised to show how its movement could reflect consolidation in the next 1 month. The token is estimated to reach $3,323.89 in the next 5 days and $3,372.40 in the next 1 month from this day. This would be a rise of 10.49% and 12.11% amid the medium volatility of 4.28%, respectively.</p><p>A surge in the ETH price could also be associated with a rise across the crypto market. For instance, BTC is up by 0.76% in 24 hours and BNB by 2.31% during the same timeline.</p><p><strong>Highlighted Crypto News Today</strong>:</p><p><a href="https://thenewscrypto.com/thailand-drafts-crypto-etf-rules-as-institutional-demand-rises/" rel="noopener noreferrer nofollow">Thailand Drafts Crypto ETF Rules as Institutional Demand Rises</a></p>

Crypto Analyst Underlines Possible ETH Price High After Revised Monthly Projection

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