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

Odaily Planet Daily News: Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, wrote on X platform that after ETH falls below the $2000 support level, it may continue to spread downwards, and the ETH S&P 500 index is showing a downward trend. Previously, in the fourth quarter of 2024, the overall cryptocurrency market rose, but ETH did not perform well.