Bloomberg Analyst: Ethereum Faces Downside Risk, Break Below $2000 More Likely Than Return to $4000

BlockBeats News, January 26th, Bloomberg Intelligence's Senior Commodity Strategist Mike McGlone wrote that "Ethereum seems to be heading towards the lower end of its $2000 to $4000 range since 2023. I think the risk of it falling below $2000 is higher than the possibility of reclaiming $4000, especially as stock market volatility resumes."