Is Ethereum Close To A Massive Rebound? BlackRock Anticipates A Possible Bull Run

Ethereum is once again in the spotlight. As its price flirts with a decisive technical level, indicators point towards a potential rebound of 65%. In the background, BlackRock is massively increasing its exposure to ETH, surpassing one billion dollars in assets. A dual technical and institutional dynamic is repositioning Ethereum at the heart of bullish speculation.

A technical rebound in preparation

The recent drop of Ethereum, which went from $4,100 in December 2024 to around $2,000 in March 2025, has placed the asset on the brink of a historically decisive technical level.

This support level has previously preceded spectacular rallies of 2,000% and 360%, attributing strategic importance to this area for crypto traders.

Technical analysis provides insights on the following points:

• A major support zone: located around $1,750-$2,000, historically associated with powerful rebounds.
• The estimated rebound target: $3,400 by June 2025, representing a 65% increase if the support holds.
• Risk of pullback: in case of a break, the exponential moving average over two weeks (EMA 200-2W) around $1,560 would constitute the next potential support level.
• The descending channel: the $3,400 threshold corresponds to the lower bound of the channel, which serves as dynamic resistance.

These elements reinforce the possibility of a medium-term reversal, pending confirmation of volumes and stabilization of the crypto market.

BlackRock: massive accumulation and institutional confidence

Alongside the technical data, institutional confidence in Ethereum appears to be strengthening. BlackRock’s BUIDL fund now holds the equivalent of $1.145 billion in ETH, an increase from the $990 million recorded a week earlier.

This allocation reflects the strategic importance of Ethereum in the asset manager’s portfolio of tokenized assets.

Such dynamics are accompanied by a notable phenomenon on the blockchain: accumulation by “whales“. Data from Nansen indicates that addresses holding between 1,000 and 10,000 ETH have seen their holdings grow by 5.65%, while portfolios between 10,000 and 100,000 ETH have increased by 28.73% since March 12, 2024.

This trend reinforces the idea of a bullish anticipation by major investors, although the largest addresses (100,000 ETH and more) have remained relatively stable.

Such institutional and on-chain movements nurture the outlook for a renewed momentum for crypto. If technical conditions are confirmed and accumulation continues, a trend reversal could attract more capital, but also reaffirm Ethereum’s role as a dominant platform in the tokenization of real assets.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.