Ethereum Outlook Strengthens as Eric Trump Supports $8000 Target Amid Rising Global Liquidity and Growing Institutional Interest
Main Idea
Eric Trump supports an $8,000 Ethereum price target, driven by record global liquidity of $95.6 trillion and growing institutional interest, with analysts forecasting ETH could reach between $8,000 and $13,000.
Key Points
1. Eric Trump publicly backs an $8,000 Ethereum price target, citing record global M2 liquidity of $95.6 trillion as a key catalyst.
2. Global M2 liquidity, at an all-time high, supports higher valuations for risk assets like Ethereum, with ETH's price action lagging behind liquidity growth.
3. Analysts forecast ETH could reach between $8,000 and $13,000, driven by technical patterns, ETF inflows, and macroeconomic liquidity trends.
4. Ethereum is outperforming as Bitcoin dominance falls, with the ETH/BTC ratio surging 40%, indicating a shift in investor preference toward ETH.
5. Ether ETFs continue their 16-day inflow streak, reflecting growing institutional interest in Ethereum.
Description
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