Ethereum Price Forecast: ETH's new valuation framework tags it 'digital oil,' highlights an $8,000 bull case

Ethereum (ETH) is down 4% on Thursday following a report targeting institutional investors from Etherealize, a firm that advocates for Ethereum on Wall Street. The report presents a valuation framework comparing ETH to digital oil and predicts a bullish case of $8,000 per ETH in the short term. source: https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-eths-new-valuation-framework-tags-it-digital-oil-highlights-an-8-000-bull-case-202506130058