Technical analysis by Juliia about Symbol ETH: Buy recommendation (9 hour ago)

ETH — Mid-term view I don’t rule out a deeper move toward the $1800 zone, but on the daily and 3D/4D timeframes ETH is already showing clear signs of a pause: local oversold conditions, MACD convergence, and a test of the global trendline. I’m positioning long here with the idea that ETH is strong enough for buyers to step in before tagging the lower zone. Technically, ETH is still the only attractive setup for me right now: large-scale consolidation with compression toward the $4200–4500 resistance area, where a breakout could open the way into “open sky.” Local structure: The first major resistance zone is $3500 — confluence of MAs + the level where the market would need to request a trend reversal confirmation.A Potential Growth Driver for Ethereum: Staking Through BlackRock One of the most underrated factors that could become a strong catalyst for Ethereum’s price is the launch of a staking-enabled Ethereum ETF by BlackRock. Yes, the traditional spot Ethereum ETF has already been approved — but its staking version is not yet live. And here’s why that matters. What BlackRock Has Already Done Over the past few months, the company has taken several key steps: It filed an amendment to the 19b-4 document for the iShares Ethereum Trust (ETHA), seeking approval to stake “some or all” of the fund’s ETH. It registered a new legal entity — the iShares Staked Ethereum Trust — which is typically a preparatory step toward launching a separate regulated product. Recent reports indicate that further filings are already in progress, and analysts expect possible approval by late 2025 or early 2026. In other words, the process is underway. The staking option is not active yet, but BlackRock is moving toward a final launch. Why This Matters Staking is something Bitcoin does not have. Bitcoin uses Proof-of-Work — no validators, no staking yield, and no mechanism that can be integrated into an ETF the way Ethereum allows. Ethereum, as a Proof-of-Stake network, enables institutions to receive: regular staking yield, regulated, secure custodial access, participation without running their own validators. This gives Ethereum a major advantage over Bitcoin on the institutional side. Why Institutions Don’t Stake Directly In theory, institutions could simply buy ETH and stake it. In practice, they cannot — because of: SEC requirements custodial rules slashing risks the impossibility of holding validator keys internally legal liability to clients high operational costs So institutions will not stake on their own. They need a regulated intermediary on the scale of BlackRock. And once this option becomes available, demand is expected to be very strong. How Much Capital Could Flow In No one knows the exact number, but the indicators are clear: Spot ETH ETFs already attracted billions — without staking. With yield added, the product becomes superior to Bitcoin ETFs because it generates passive income. After BlackRock, other players like Fidelity, Ark, and Franklin Templeton are likely to follow. This could create a long-term institutional demand cycle that: absorbs market supply, reduces the circulating float of ETH, increases inflows into the staking layer, amplifies the asset’s structural scarcity. All while no fund is currently staking ETH within an ETF structure because the SEC hasn’t approved it yet. Bottom Line A staking-enabled Ethereum ETF from BlackRock may become one of the strongest future drivers of Ethereum’s price. As of today, staking within the ETH ETF is not live, but filings have been submitted, a dedicated trust has been created, and analysts believe approval could come as early as the end of this year. If that happens, institutional capital will be able to enter Ethereum staking for the first time in a legal and regulated format — potentially opening a new cycle of demand. And once BlackRock moves, other major asset managers are very likely to follow.