Ethereum eyes 65% gains from ‘cycle bottom’ as BlackRock ETH stash crosses $1B | News World

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Ethereum’s 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.

65% ETH price rebound in play by June

From a technical standpoint, Ether’s 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 — most notably gains of over 2,000% and 360% during past cycles.

As 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—up 65% from current prices.

This level coincides…more

Source cointelegraph.com

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