{"id":125645,"date":"2025-03-23T16:16:18","date_gmt":"2025-03-23T16:16:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125645"},"modified":"2025-03-23T16:16:18","modified_gmt":"2025-03-23T16:16:18","slug":"ethereum-eyes-65-gains-from-cycle-bottom-as-blackrock-eth-stash-crosses-1b","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125645","title":{"rendered":"Ethereum eyes 65% gains from &#039;cycle bottom&#039; as BlackRock ETH stash crosses $1B"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsEthereum\u2019s native token, Ether (ETH), 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.<br \/>\n65% ETH price rebound in play by June<br \/>\nFrom 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.<br \/>\nETH\/USD two-week price chart. Source: TradingViewAs 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.<br \/>\nThis level coincides with the lower boundary of Ether\u2019s prevailing descending channel resistance.<br \/>\nSource: Ted PillowsConversely, 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.<br \/>\nBlackRock\u2019s crypto funds hold over $1B in ETH<br \/>\nEther\u2019s bullish outlook appears as institutional confidence in Ethereum grows stronger.<br \/>\nBlackRock\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.<br \/>\nCapital deployed across BlackRock\u2019s BUIDL fund. Source: Token TerminalThe fund primarily focuses on tokenized real-world assets (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.<br \/>\nBlackRock\u2019s latest addition of ETH signals rising institutional confidence in Ethereum\u2019s role as the leading platform for real-world asset tokenization.<br \/>\nRelated: Ethereum open interest hits new all-time high \u2014 Will ETH price follow?<br \/>\nEthereum\u2019s bullish case also coincides with a sharp uptick in whale accumulation.<br \/>\nThe latest onchain data from Nansen shows that since March 12, 2024, addresses holding 1,000\u201310,000 ETH have grown their holdings by 5.65%, while the 10,000\u2013100,000 ETH cohort has risen by 28.73%.<br \/>\nEthereum whale holdings. Source: NansenThough addresses holding more than 100,000 ETH remain relatively stable, this accumulation trend underscores rising conviction among large investors.<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/ethereum-65-cycle-bottom-black-rock-eth-1b?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsEthereum\u2019s native token, Ether (ETH), 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&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125645"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125645"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125645\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125645"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}