Ethereum Dips 9%, Yet BlackRock Bets $570M: $4K Rally Ahead?

  • Ethereum has shed 9% in a swift sell-off that erased $298M from 80,000 traders, but rising open interest to $35.22B and sustained BlackRock accumulation have mirrored new longs, suggesting confidence as price retests the $2,500 support that has contained volatility since early 2025.