Stader ETHx (ETHX) is currently priced at $3,234.29, reflecting a 24-hour change of -1.67%. The daily price action has seen a high of $3,315.99 and a low of $3,225.78, indicating a volatility of 90.21% within this period.

The trading volume over the past 24 hours is recorded at 660,792, with a volume-to-market cap ratio of 0.14%. The hourly moving averages show a slight bearish trend, with the 8 SMA at $3,261.26 down 0.83% and the 13 SMA at $3,266.49 down 0.99%, suggesting short-term selling pressure.

Technical indicators reveal a 1-hour RSI of 40, indicating potential oversold conditions, while the 7-day RSI at 55 suggests a more neutral stance. Over the past week, ETHX has increased by approximately 10.17%, yet it has faced a 4.07% decline over the last 14 days and a significant drop of 23.37% over the past month.

With the all-time high of $5,253.42 achieved on August 24, 2025, ETHX is currently trading approximately 38.5% below this peak. The recent price movements, coupled with the declining short-term moving averages and the RSI readings, indicate a potential struggle to regain upward momentum in the near term.

Given the mixed technical indicators and the recent downward trend, it is advisable to adopt a cautious approach. While the price shows some resilience with a 10% gain over the last week, the bearish signals from the SMAs and RSI suggest that a more strategic entry point could be on the horizon.

Rating: Hold. While there are signs of potential recovery, the current bearish sentiment and lack of strong buying momentum warrant a conservative stance until clearer bullish signals emerge.