Bloomberg analyst: Both ETH and the S&P 500 index show a tendency to test the downside

Odaily Planet Daily News Bloomberg Intelligence's Senior Commodity Strategist Mike McGlone wrote on the X platform that after ETH fell below the $2000 support level, it may continue to spread downwards, both ETH and the S&P 500 index show a tendency to explore lower levels. In the fourth quarter of 2024, the overall Cryptocurrency market pumped, but ETH did not perform well.