<ul data-eligibleForWebStory="false"><li>Ethereum has exhibited a failed golden cross on the 1-day candlestick timeframe chart, signaling a lack of bullish momentum.</li><li>The failed golden cross, where the 50-day moving average crossed above the 200-day moving average, differs from a similar event in December 2024 that led to an 18% surge.</li><li>Ethereum's price action following the crossover has been flat, casting doubts on the possibility of a quick rise above $3,000, indicating potential weakness in the current market conditions.</li><li>Ethereum's short-term outlook remains uncertain, with a sluggish Q3 predicted if Bitcoin stays below $111,000, making it challenging to envision a clean run to $3,000 in the near term despite holding around $2,400.</li></ul>

Ethereum’s Failed Golden Cross Triggers Fears, Is $3,000 A Pipe Dream?

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