Ethereum Targets $4,880 as BlackRock and Fidelity Pour $333 Million into Crypto

Wall Street giants just placed their biggest bet yet on crypto's future—and Ethereum's leading the charge.

The Institutional Floodgates Open

BlackRock and Fidelity dropped a combined $333 million into Ethereum investments, signaling that traditional finance finally stopped pretending blockchain was just a buzzword. The move sends institutional confidence soaring—while quietly confirming what crypto natives knew years ago.

Price Momentum Builds

Ethereum's now eyeing the $4,880 resistance level, a target that seemed distant before heavyweight backing entered the scene. Trading volumes spiked 40% following the announcement, with derivatives markets flashing bullish signals across the board.

Market Impact Beyond ETH

The injection triggered ripple effects through DeFi protocols and L2 networks as capital anticipates broader ecosystem growth. Competitors watched nervously—nothing makes legacy finance move faster than seeing rivals capture alpha first.

Regulatory Chess Game

Meanwhile in Washington, lobbyists are suddenly working overtime. Nothing accelerates legislative clarity like nine-figure checks from asset managers too big to ignore—or to fail.

Ethereum's infrastructure upgrade pays off as institutions demand scalability and compliance-ready chains. The merge to proof-of-stake suddenly looks less like tech idealism and more like financial foresight.

So while skeptics still debate whether crypto has 'real value,' Wall Street just voted with its wallet—and traditional finance might finally be learning that sometimes, the trend is your friend.

• Ethereum gains momentum after $333M combined investment from BlackRock and Fidelity, signaling growing institutional interest.
• ETH price rebounds above $4,700, showing active bullish buying and strong market confidence.
• The next key resistance level is $4,880; a breakthrough could lead to a new all-time high.

Ethereum is gaining good momentum as major financial institutions build more interest in the coin. Recent reports indicate new confidence in the market as investors and larger players are being attracted. The predictions are that ethereum is potentially going for yet another significant boost.

At press time, Ethereum (ETH) is trading at $4,677.19. The 24-hour volume for the ETH is $67.26 billion, and the current market cap is $570.35 billion. The price for ETH in the previous 24 hours was up by 3.41%, showing a new surge in the strength of the market.

Ethereum Gains After Major Institutional Investment

Crypto analyst CryptoGoos disclosed that investment giants BlackRock and Fidelity have purchased aggregate stakes of $333.8 million in ETH. Such massive investments are a sign of increasing institutional interest in cryptocurrency and can turn out to be highly influential in terms of price action.

BREAKING:

BLACKROCK & FIDELITY JUST BOUGHT $333,800,000 WORTH OF ETHEREUM.

SEND $ETH TO $10,000!pic.twitter.com/IyxmQQylCP

Ethereum Rebounds Strongly Above $4,700

Moreover, crypto analyst Ted highlighted that the price of Ethereum successfully breached the hurdle of $4,700, a significant technical and psychological barrier. The rebound suggests the occurrence of active and bullish buying at the current price levels.

In the NEAR term, the next level of important resistance for ETH is at $4,880. A breakthrough through this level potentially opens the way for a new historical high and possibly more investors’ and larger players’ attention.

But in the event the price for ETH fails to break this barrier, the marketplace potentially experiences a near-term sell-down before making yet another MOVE higher. Analysts are also noting that the current uptrend in ETH aligns with wider acceptance trends, such as institutional funds, ETFs, and additional use in DeFi protocols.

The combination of good investment demand and technical strength can make the coin an ideal target for short- and longer-term investors.