Ethereum eyes 65% gains from 'cycle bottom' as BlackRock ETH stash crosses $1B
Portfolio Pulse from
Ethereum is showing potential for a significant price rebound despite recent losses. Technical analysis suggests a possible 65% price increase to $3,400 by June, supported by institutional interest from BlackRock and growing whale accumulation. The cryptocurrency has seen its value drop from $4,100 to around $1,750 in recent months.
March 23, 2025 | 3:30 pm
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Technical analysis indicates potential 65% price increase to $3,400, supported by BlackRock's growing crypto fund and increased whale accumulation.
Multiple factors suggest a bullish outlook for Ethereum: 1) Technical support zone retesting 2) BlackRock's increased ETH holdings 3) Significant whale accumulation 4) Historical price recovery patterns
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100