Frax Ether (FRXETH) is currently trading at $3,078.10, reflecting a 24-hour decline of 4.18%. The daily range has been substantial, between $3,020.58 and $3,218.09, indicating heightened volatility with a total volume of 1,385,008, equating to a volume-to-market cap ratio of 0.46%.

The hourly moving averages present mixed signals; the 8 and 13 SMA show positive momentum, while the 21, 55, and 144 SMAs indicate bearish trends. The 1-hour RSI is at 72, suggesting short-term overbought conditions, while the 7-day RSI at 52 indicates a neutral stance, with the asset showing slight upward movement over the past week.

Over the past 14 days, FRXETH has appreciated by approximately 4.16%, but its 30-day performance reflects a decline of about 11.57%. The asset is significantly lower than its all-time high of $4,906.89, indicating potential resistance levels that could hinder upward movement.

In summary, while short-term indicators suggest overbought conditions and potential retracement, the longer-term trends remain neutral with slight bullish momentum in the weekly timeframe. Given the current price action and volatility, the recommendation is to Hold FRXETH for now, monitoring for a more favorable entry point or signs of sustained upward momentum.