Bloomberg analyst: ETH and S&P 500 both show downward trend

Odaily News Mike McGlone, senior commodity strategist at Bloomberg Intelligence, wrote on the X platform that after ETH fell below the $2,000 support level, it may spread downward, and both the ETH and S&P 500 indexes showed a downward trend. Previously, in the fourth quarter of 2024, the cryptocurrency market rose overall, but ETH did not perform well.