Eric Trump ‘agrees' Ether should be over $8K as Global M2 money soars

Key Points

1. Bitcoin's market dominance has dropped 8.5% since June 27, fueling bullish sentiment for Ether (ETH).

2. Global liquidity (M2 money supply) hit a record high of $95.58 trillion, with analysts suggesting ETH is undervalued and should be trading above $8,000.

3. Analyst TedPillows and World Liberty Financial co-founder Eric Trump agree that ETH is significantly undervalued relative to M2 growth.

4. Pseudonymous analyst Wolf projects conservative and optimistic ETH price targets of $8,000 and $13,000+, respectively, with a potential sharp correction after all-time highs.

5. ETH price has gained 77% since late June, while BTC dominance has declined, reflecting a negative correlation and strong institutional demand via ETFs.