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Ethereum\u2019s native token, Ether (ETH<\/a>), has lost half of its value in the past three months, crashing from $4,100 in December 2024 to as low as around $1,750 in March 2025. Nevertheless, it is now well-positioned for a sharp price rebound.<\/p>\n From a technical standpoint, Ether\u2019s price is eyeing a potential breakout as it retests a long-term support zone. Historically, bounces from this multi-year support have led to explosive rallies \u2014 most notably gains of over 2,000% and 360% during past cycles.<\/p>\n ETH\/USD two-week price chart. Source: TradingView<\/em><\/p>\n<\/figcaption><\/figure>\n As of March 23, the ETH\/USD pair was hovering near $2,000, close to the given support area. A bounce from this zone can lead the price toward $3400 by June\u2014up 65% from current prices. <\/p>\n This level coincides with the lower boundary of Ether\u2019s prevailing descending channel resistance.<\/p>\n Source: <\/em>Ted Pillows<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n Conversely, a decline below the support zone could push the ETH price toward the 200-2W exponential moving average (200-2W EMA; the blue wave in the first chart) at around $1,560.<\/p>\n Ether\u2019s bullish outlook appears as institutional confidence in Ethereum grows stronger. <\/p>\n BlackRock\u2019s BUIDL fund now holds approximately a record $1.145 billion worth of Ether, up from around $990 million a week ago, according to data from Token Terminal<\/a>. <\/p>\n Capital deployed across BlackRock\u2019s BUIDL fund. Source: Token Terminal<\/em><\/p>\n<\/figcaption><\/figure>\n The fund primarily focuses on tokenized real-world assets<\/a> (RWAs), with Ethereum remaining the dominant base layer. While the fund diversifies across chains like Avalanche, Polygon, Aptos, Arbitrum, and Optimism, Ethereum remains its core allocation.<\/p>\n BlackRock\u2019s latest addition of ETH signals rising institutional confidence in Ethereum\u2019s role as the leading platform for real-world asset tokenization<\/a>.<\/p>\n Related: <\/strong><\/em>Ethereum open interest hits new all-time high \u2014 Will ETH price follow?<\/strong><\/em><\/a><\/p>\n Ethereum\u2019s bullish case also coincides with a sharp uptick in whale accumulation<\/a>. <\/p>\n65% ETH price rebound in play by June<\/h2>\n
BlackRock\u2019s crypto funds hold over $1B in ETH<\/h2>\n