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

By: theblockbeats.news|2026/01/26 06:00:26
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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."

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