Ethereum Classic (ETC) is currently trading at $9.67, with a slight increase of 0.82% over the last 24 hours. The daily range has been relatively tight, oscillating between a high of $9.89 and a low of $9.59, indicating low volatility in the short term.

Volume stands at approximately 49.66 million, equating to a 3.30% share of the market cap, suggesting modest trading activity. The short-term moving averages (8, 13, 21, and 55 SMA) are showing negative momentum, with the 8 SMA down 1.02% and the 144 SMA significantly lower at -6.90%, indicating bearish sentiment over the longer term.

The Relative Strength Index (RSI) readings are concerning, with the 1-hour RSI at 37 and the 7-day RSI at 38, both suggesting that ETC is nearing oversold conditions but lacks strong bullish support. Over the past 30 days, ETC has experienced a steep decline of approximately 24.37%, reflecting a continued downtrend.

From a fundamental perspective, ETC's all-time high of $167.09 remains significantly above the current price, suggesting that the asset has lost substantial value. The recent price changes over various timeframes (7 days: -14.05%, 14 days: -18.11%) further highlight ongoing bearish pressure.

Given the negative momentum in the moving averages, low RSI readings, and recent price performance, the outlook for ETC is bearish in the short term. Therefore, I recommend a Sell rating, as the data indicates continued weakness in the price action without immediate signs of a trend reversal.