Mike McGlone flags ETH downside in Jan 25 X post; $2,000–$4,000 range vulnerable

On January 25, Bloomberg Intelligence strategist Mike McGlone cautioned that Ethereum's downside risks dominate as equity market volatility could return. He highlighted the $2,000–$4,000 range since 2023 and questioned the strength of $2,000 support. ETH was around $2,883, down 1.7% daily, 10.4% weekly, and 1.6% monthly, according to CoinGecko.