Renzo Restaked ETH (EZETH) is currently priced at $2,466.93, reflecting a 24-hour change of -3.72%. The asset has experienced a daily trading range from a high of $2,575.36 to a low of $2,317.11, indicating significant volatility with a daily range percentage of 258.25%.

The volume stands at 1,076,426 with a volume-to-market cap ratio of 0.21%, suggesting a relatively low trading activity compared to its market capitalization. Short-term technical indicators show that the 8 SMA and 13 SMA are above the current price, indicating potential resistance levels, while the 55 SMA and 144 SMA indicate a bearish trend over longer periods.

The 1-hour RSI is at 48, indicating that the asset is neither overbought nor oversold in the short term. However, the 7-day RSI at 35 suggests that EZETH is approaching oversold territory, aligning with a significant price drop of approximately 20.13% over the past week and a decline of 28.38% over the last 14 days.

Historically, the all-time high for EZETH was $5,227.06, reached on August 24, 2025, presenting substantial room for growth from its current levels. Despite recent downward pressure, the potential for recovery exists, especially if market sentiment shifts positively in the coming weeks.

Given the current bearish trend and the relative weakness indicated by the RSI levels, the recommendation is to hold EZETH for now. This approach allows investors to reassess after potential price stabilization or signs of reversal, minimizing the risk of further losses in the short term.