ETH Price Analysis: BlackRock’s Investment Sparks Uncertainty

Ethereum (ETH) experienced a dip this week, dropping 2.2% despite inflows to the BlackRock-managed iShares Ethereum Trust (ETHA). This move came after a failed attempt to break through the $1,755 resistance level on the 20-day EMA. Though Santiment believes ETH presents a good buying opportunity in 2025, current market sentiment remains wary. Ethereum currently trades around $1,559.83, struggling to gain momentum and surpass the crucial $2,000 mark.