$ETH UPDATE:

29 Apr 2025

BlackRock, the world’s largest asset manager, has invested $67.5 million in Ethereum (ETH), underlining a strong bullish sentiment towards the second-largest cryptocurrency by market capitalisation.

-$ETH is consolidating near the $1,800 zone with possible upside break above $1,820

-ETH whale holdings spiked by 2682% in the past week

-ETH-backed ETFs recorded $157.09 million in net inflows, ending an eight-week outflow streak

-Technical indicators show positive Balance of Power at 0.31, suggesting buyer dominance

-Price could potentially reach $2,027 or drop to $1,385 depending on market conditions

A confirmed breakout of the bull flag could send $ETH to $2100 🚀

This is not financial advice. Crypto can be risky. Do your own research. This post is entirely for education purpose.