Ether (ETH) is positioned for significant bullish momentum as Bitcoin’s market dominance declines below 60%, creating favorable conditions for alternative cryptocurrencies. Analysts project ETH prices surpassing $8,000, supported by unprecedented global liquidity and accelerating institutional adoption.
Global M2 money supply has reached a historic peak of $95.58 trillion, establishing fertile ground for risk assets like Ether. Market observers highlight ETH’s current undervaluation, suggesting it should trade above $8,000 when analyzing disparities between M2 growth and cryptocurrency valuations through frameworks like the Wyckoff accumulation structure.
The recent drop in Bitcoin dominance to 60% corresponds with Ether’s impressive 77% price appreciation—a pattern that historically precedes major ETH rallies. Institutional interest continues escalating through Ethereum-focused ETFs and corporate treasury allocations, intensifying demand.
Further strengthening Ether’s outlook, the ETH/BTC ratio has surged approximately 40% over the past month. This shift reflects stronger capital inflows into Ethereum ETFs compared to Bitcoin counterparts, signaling shifting investor preferences as market dynamics evolve.