Ethereum's Potential Rebound Amid Institutional Confidence

According to Cointelegraph, Ethereum's native token, Ether (ETH), has experienced a significant decline in value over the past three months, dropping from $4,100 in December 2024 to approximately $1,750 in March 2025. Despite this downturn, Ether is now positioned for a potential price rebound. From a technical perspective, Ether's price is approaching a breakout as it retests a long-term support zone. Historically, rebounds from this multi-year support have resulted in substantial rallies, with past cycles witnessing gains exceeding 2,000% and 360%. As of March 23, the ETH/USD pair was trading near $2,000, close to the critical support area. A successful bounce from this zone could propel the price towards $3,400 by June, marking a 65% increase from current levels. This target aligns with the lower boundary of Ether's prevailing descending channel resistance. However, a decline below the support zone might push the ETH price towards the 200-2W exponential moving average (EMA) at around $1,560. Ether's optimistic outlook is further supported by growing institutional confidence in Ethereum. BlackRock's BUIDL fund now holds approximately $1.145 billion worth of Ether, an increase from around $990 million a week ago, as reported by Token Terminal. The fund primarily focuses on tokenized real-world assets (RWAs), with Ethereum serving as the dominant base layer. While the fund diversifies across various chains such as Avalanche, Polygon, Aptos, Arbitrum, and Optimism, Ethereum remains its core allocation. BlackRock's recent acquisition of ETH highlights rising institutional confidence in Ethereum's role as the leading platform for real-world asset tokenization. Additionally, Ethereum's bullish case is supported by a notable increase in whale accumulation. Recent on-chain data from Nansen indicates that since March 12, 2024, addresses holding between 1,000 and 10,000 ETH have increased their holdings by 5.65%, while those holding between 10,000 and 100,000 ETH have risen by 28.73%. Although addresses with more than 100,000 ETH remain relatively stable, this accumulation trend underscores growing conviction among large investors. This 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.