Frax Ether (FRXETH) is currently priced at $4,073.55, reflecting a 24-hour change of -1.46%. The asset has seen a daily high of $4,197.71 and a low of $4,030.11, indicating significant volatility with a daily range of 167.6%.

The trading volume stands at 6,681,285, contributing to a volume/market cap ratio of 1.59%. The short-term moving averages show mixed signals, with the 8 SMA at $4,063.33 increasing by 0.25%, while the 13 SMA at $4,089.65 has decreased by 0.39%, suggesting a lack of momentum.

The Relative Strength Index (RSI) reflects bearish sentiment in the short term with a 1-hour RSI of 29, indicating oversold conditions. In contrast, the 7-day RSI at 56 suggests neutral momentum, while the price has increased by 6.06% over the past week, indicating some resilience.

The asset remains significantly below its all-time high of $4,906.89, achieved on August 24, 2025. The recent price changes over 14 days and 30 days are positive at 2.92% and 2.01%, respectively, suggesting a potential stabilization after recent fluctuations.

Given the current price action, mixed moving average signals, and bearish short-term RSI, a cautious approach is warranted. Therefore, the recommendation is to Hold at this juncture, monitoring for a breakout above $4,100 for a potential Buy signal, or a breakdown below $4,030 for a Sell signal.