Ethereum Classic (ETC) is currently priced at $9.56, reflecting a 24-hour decline of approximately 3.98%. The daily trading range is narrow, with a high of $9.95 and a low of $9.41, indicating low volatility and investor uncertainty.

The volume for the last 24 hours stands at 101,677,915, equating to a volume-to-market cap ratio of 6.84%. This suggests moderate trading activity but does not signal a strong trend in either direction, especially considering the substantial price declines over the past week (-16.29%), 14 days (-24.73%), and 30 days (-21.98%).

Technical indicators show that the short-term moving averages (8 SMA at $9.82, 13 SMA at $9.79, and 21 SMA at $9.75) are all trending downwards, reflecting bearish sentiment. The longer-term moving averages, particularly the 55 SMA at $10.24 and the 144 SMA at $10.89, further indicate a bearish trend, with significant declines of -6.61% and -12.22% respectively.

The Relative Strength Index (RSI) values are also concerning, with the 1-hour RSI at 48, suggesting a neutral stance, while the 7-day RSI at 37 indicates that ETC is nearing oversold conditions. This could signal a potential rebound, but the current technical setup does not provide a strong buy signal.

Given the significant price declines over multiple time frames and the bearish moving averages, the outlook for ETC remains negative in the short to medium term. The current price levels do not present a compelling buying opportunity as the market appears to be in a consolidation phase without clear upward momentum.

In conclusion, the analysis suggests a Sell rating for Ethereum Classic (ETC). The bearish indicators, coupled with low RSI values and declining moving averages, indicate a high likelihood of further price deterioration in the near term.