Frax Ether (FRXETH) is currently trading at $3,094.81, reflecting a slight 24-hour change of +0.55517%. The daily range of $27.27 indicates a moderate level of volatility, with a high of $3,098.38 and a low of $3,071.11 over the past 24 hours.

The volume stands at 161,961, representing a low trading volume relative to its market cap, with a volume-to-market cap ratio of only 0.06%. Technical indicators show the hourly moving averages in a bullish configuration; the shorter-term SMAs (8, 13, and 21) are all above the price, suggesting upward momentum, while the 144 SMA indicates a bearish divergence at $3,146.79, which is a significant level to watch.

The 1-hour RSI is at 62, indicating that the asset is approaching overbought territory, while the 7-day RSI at 48 suggests it is currently neutral. Over the past week, FRXETH has experienced a decline of approximately 1.24%, while the 14-day price change shows a gain of nearly 6%, reflecting a recent recovery trend.

Comparatively, the 30-day price change is negative at -3.69%, indicating a longer-term downtrend. The all-time high remains at $4,906.89, reached on August 24, 2025, providing a substantial target for long-term investors.

Given the current technical indicators and the mixed short- and long-term trends, a cautious approach is warranted. The bullish short-term momentum, indicated by the moving averages, is tempered by the overbought RSI and longer-term declines.

Recommendation: Hold. The current price action suggests a potential for further upside in the short term, but the longer-term trends and current RSI levels advise against aggressive buying at this moment.