Shiba Inu's momentum has waned after the short-term golden cross failed, as dead cross formations increased short-term downward pressure and reduced recovery attempts.

The decline in trading volume and negative funding rates highlight decreased participation and traders adopting defensive positions amid ongoing overall weakness in the cryptocurrency market conditions.
Macroeconomic focus is on upcoming U.S. inflation data to influence sentiment, as interest rate expectations shape risk appetite in digital asset markets.
Shiba Inu traders are facing a period of instability, with short-term technical signals changing rapidly, undermining market confidence. Recent chart movements show oscillating momentum after a failed short-term recovery attempt, keeping price action confined near critical levels, while overall crypto market conditions remain weak.

The asset recorded a golden cross on the 3-hour timeframe in mid-March, briefly supporting recovery expectations. However, buying strength quickly faded, and the signal lost impact as sellers regained control. As a result, the anticipated rally did not materialize, and the price trend reverted to uncertainty.