Ethereum’s Future Uncertain: Consolidation, Breakouts, and the Impact of Institutional Selling

Ethereum prices remain in a state of cautious consolidation near key resistance levels, leaving traders divided between bullish expectations for a breakout and fears of a deeper retracement. Technical indicators point to potential upside with a bull flag formation on the daily chart suggesting continuation after recent pause. However, BlackRock’s recent move to reduce its Ethereum holdings has added another layer of uncertainty to the market. 2025 outlook sees prices potentially reaching $5,500 or higher if a break above resistance occurs, but further retracement is possible if it fails to hold at $4,200 levels.