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.