Ethereum Forms Weekly Golden Cross, But Is It Enough To Save Crypto?

Despite the carnage and chaos all across the crypto market due to recent US SEC-related enforcement actions, Ethereum has just given a bullish buy signal.
On weekly timeframes, ETHUSD has formed a golden cross, but will it be enough to give the asset class a glimmer of hope amidst such darkness? Let’s take a closer look.
Ethereum Price Golden Cross Buy Signal Forms On Weekly Chart
Ethereum prices are down roughly 20% off 2023 highs, but still down more than 60% from the record peak back in