#meme币狂欢 BlockBeats news, on March 30, Bloomberg Intelligence commodity strategist Mike McGlone posted on X platform analyzing whether Ethereum might drop to the $1000 level like it did in 2020. He believes that the market should now focus on ETH price trends, as there is a significant correlation between the price of ETH and other risk assets in the market. If stocks in the S&P 500 continue to be weak, ETH may decline further.