Ethereum on Track for $10,000 as BlackRock Invests $276M in ETH

Ethereum (ETH) is once again making headlines, with analysts and institutional investors accumulating heavily in anticipation of new all-time highs. With Fidelity, BlackRock, and Trump’s World Liberty Finance actively buying ETH, along with growing adoption, increasing institutional interest, and strong technical indicators, many believe Ethereum is primed for a massive rally this cycle—potentially reaching $10,000.

Notably, BlackRock recently purchased $276 million worth of ETH, further validating Ethereum’s long-term value proposition and reinforcing the bullish institutional sentiment surrounding the asset.

Currently, Ethereum is trading at $2,756, down from its cycle high of $4,094 in December 2024. Despite the pullback, analysts remain bullish, viewing this consolidation as a potential launchpad for Ethereum’s next big move.

Ethereum’s Roadmap to $10,000: Expert Insights and Key Targets

Several prominent analysts have recently shared their Ethereum price targets, and they point to significant upside in the coming months.

Ted’s Bullish Ethereum Outlook

Crypto analyst Ted Pillows believes Ethereum is entering a critical phase where macro trends and market structure favor a massive upward move. In his latest analysis, Ted emphasizes that Ethereum’s price action mirrors past cycles, and breaking through key resistance levels could propel ETH to new highs.

Key Takeaways from Ted’s Analysis:

• ETH’s market structure remains bullish, with clear higher lows.
• Consolidation at key resistance levels suggests accumulation before a breakout.

Ethereum is still forming higher highs on the longer timeframe.

BlackRock is buying $ETH, Trump is buying, and Fidelity is also buying.

I think this will soon reflect in ETH price.

First $5K, then $7K and $10K ETH will happen this cycle 🚀 pic.twitter.com/HTZr2TYkEy

— Ted (@TedPillows) February 7, 2025

Titan of Crypto’s Ethereum Price Targets

Another respected analyst, Titan of Crypto, has outlined a three-phase price target strategy for Ethereum, based on historical price action and Fibonacci levels.

Ethereum Price Targets from Titan of Crypto:

• First target: $5,338
• Second target: $7,321
• Third target: $8,546

He also highlights $2,682 as a key support level, suggesting that ETH remains in a strong uptrend as long as it holds above this mark.

#Ethereum Most Hated Rally Incoming 🚀#ETH continues to print higher lows, reinforcing its bullish trend despite prevailing skepticism. pic.twitter.com/FXzmBYwCIp

— Titan of Crypto (@Washigorira) February 6, 2025

Ethereum Price Prediction: CoinCodex’s Outlook

At CoinCodex, we remain bullish on Ethereum, but with a more conservative estimate compared to some analysts.

CoinCodex Ethereum Price Prediction:

• May 2025: ETH surpasses $6,000
• Q4 2025: ETH reaches $8,000

If market conditions remain favorable and institutional adoption accelerates, Ethereum could push toward $10,000 by the end of this cycle.

BlackRock’s $276 Million Ethereum Buy Signals Institutional Confidence

Institutional investors are now heavily accumulating Ethereum, further strengthening its long-term bullish outlook. BlackRock, the world’s largest asset manager, has purchased $276 million worth of ETH, signaling growing institutional confidence in Ethereum’s future.

This massive accumulation follows the approval of spot Ethereum ETFs in the U.S., which is expected to drive even more institutional capital into ETH.

Final Thoughts: Is $10,000 Ethereum Inevitable?

With analysts forecasting $10,000 Ethereum targets, CoinCodex projecting $8,000 by Q4 2025, and BlackRock increasing its ETH exposure, Ethereum’s long-term potential remains incredibly strong.

Will Ethereum hit $10,000 this cycle? The fundamentals and technicals are aligning for a historic rally. Buckle up!