Is Ethereum Close To A Massive Rebound? BlackRock Anticipates A Possible Bull Run
Portfolio Pulse from
Ethereum is showing signs of a potential significant rebound, supported by both technical analysis and institutional investment. BlackRock has increased its ETH holdings to $1.145 billion, while technical indicators suggest a possible price target of $3,400 by June 2025. Whale investors are also accumulating ETH, with mid-sized portfolios seeing substantial growth.
March 24, 2025 | 1:15 pm
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POSITIVE IMPACT
ETH is approaching a critical support zone between $1,750-$2,000, with potential for a 65% price increase to $3,400. BlackRock's increased investment and whale accumulation suggest growing confidence.
Multiple factors suggest bullish momentum: 1) Critical support level historically preceding large rallies, 2) BlackRock's significant ETH investment, 3) Whale investor accumulation, 4) Potential technical breakout to $3,400
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100