Bloomberg Analyst: Both ETH and S&P 500 Index show a tendency to probe lower
Bloomberg Intelligence Senior Commodity Strategist Mike McGlone posted on X platform, stating that after ETH fell below the $2000 support level, it may continue to spread downwards. The ETH SP 500 index also shows a downward trend. Previously in the fourth quarter of 2024, the overall cryptocurrency market rose, but ETH did not perform well.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: A certain whale switched from short to long, with a liquidation price of $59,112