$ETH the future

Analysts have predicted a rise in Ethereum to $3400 by June. Cointelegraph stated that Ethereum is preparing for a 65% increase from the 'cyclical bottom.' The asset could rise to $3400 within two months, experts added. According to them, the coin is testing a key support zone. The price of Ethereum (ETH) could rise to $3400 by June 2025, as the asset is again testing the key support zone that preceded a rise of 2000% and 360%. This was reported by Cointelegraph, adding that Ethereum is preparing for a 65% increase from the 'cyclical bottom.' Analysts noted that if the asset's price falls below the support zone, its value could drop to around $1560. Moreover, experts added that BlackRock funds hold over $1 billion in Ethereum. They noted that the BUIDL product now owns a record $1.1 billion in Ethereum, which is $990 million more than a week ago. 'Recent purchases by BlackRock indicate a growing confidence among institutional players in Ethereum as a leader in the tokenization of real assets,' the report states. Notably, on March 21, 2025, an analyst under the pseudonym Ali stated that over the last 72 hours, whales have acquired more than 120,000 ETH.