Ether (ETH) has climbed over 30% since February 4, when Eric Trump publicly encouraged investors to buy ETH. Despite volatility in the months following his post, ETH has recovered strongly and is now trading near $3,732, up from $2,877, delivering a significant unrealized profit for early buyers.
On July 21, Trump responded to online critics, stating, “Up 35% in 5 months, Pal. Embrace volatility.” He also reminded followers that smart investors “bought the dips,” referencing ETH’s decline shortly after his call.
An investor who followed Trump’s February ETH suggestion would currently be sitting on a gain of approximately 30%.
Ether Faced Volatility But Rebounded
Although ETH fell nearly 49% within four weeks after Trump’s initial post, it has since staged a strong recovery. As of mid-July, ETH is up 12% year-to-date, showing resilience despite macroeconomic uncertainties and crypto-specific market dips.
Trump’s original ETH recommendation coincided with a cycle low that later reversed into a month-long bullish rally.
This price movement reinforces the volatility of cryptocurrency markets, but also the potential for significant upside when timed correctly.
Crypto analyst Gert van Lagen recently highlighted similarities between Ethereum’s current structure and the Dow Jones index pattern from 1980, suggesting ETH may be entering a new long-term bull phase. According to his model, Ethereum could reach $8,000 by early 2026.
The technical structure of ETH indicates a potential multi-year rally.
This prediction aligns with broader bullish sentiment across digital assets, especially as institutional interest continues to grow.
Trump Family Deepening Crypto Exposure
Beyond commentary, the Trump family has significantly increased its involvement in the crypto space:
Trump Media and Technology Group now holds $2 billion in Bitcoin and related assets.
American Bitcoin, co-founded by Donald Trump Jr. and Eric Trump, raised $220 million to invest in Bitcoin and mining infrastructure.
All three sons also co-founded World Liberty Financial, positioning themselves as strategic players in the digital asset economy.
Eric Trump’s early endorsement of Ethereum appears to be part of a broader crypto investment strategy by the Trump family.
Conclusion
Eric Trump’s February ETH recommendation is now backed by performance, and his crypto credibility has grown. With Ethereum regaining momentum and long-term price targets above $7,000, the Trump family’s continued involvement may signal increasing mainstream acceptance of ETH as a core digital asset.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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