Ethereum Classic (ETC) is currently priced at $8.64, reflecting a 24-hour change of -2.00%. The daily trading range has been relatively tight, with a high of $8.85 and a low of $8.60, indicating low volatility in the market.

The trading volume stands at approximately 41.59 million, with a volume-to-market cap ratio of 3.09%, suggesting moderate interest from traders. The hourly moving averages indicate a bearish sentiment, as all SMAs are currently trending below the current price, except for the 144 SMA, which shows a slight positive change of 0.27%.

The Relative Strength Index (RSI) for the past hour is at 49, indicating a neutral momentum, while the 7-day RSI of 53 suggests a mild bullish trend. However, the 14-day price change of -9.58% and the 30-day price change of -29.42% reflect significant bearish pressure over the longer term.

Fundamentally, Ethereum Classic's all-time high was $167.09 in May 2021, and it has yet to show signs of recovery towards this level. The current market dynamics, along with the downward price trends and mixed RSI signals, indicate a lack of strong bullish momentum.

Given the current data, a Hold rating is appropriate for Ethereum Classic at this time. The lack of clear upward momentum combined with recent price declines suggests that investors should remain cautious while monitoring for potential bullish signs before making any further commitments.