Olympus (OHM) is currently trading at $19.84, showing a 24-hour change of -2.84%. The price has fluctuated within a daily range of $19.60 to $20.49, indicating a relatively tight trading band.

Trading volume over the last 24 hours stands at 941,035, with a volume-to-market cap ratio of 0.30%. This low volume ratio suggests weak market interest and potential liquidity issues, which could impede price recovery.

Technical indicators reveal that OHM is trading below all short-term moving averages. The 8 SMA is at $20.25, showing a decline of 2.02%, while the longer-term 144 SMA is at $20.66, down 3.99%, indicating a bearish trend in the near term.

The 1-hour RSI is at 36, suggesting that OHM is approaching oversold conditions. Meanwhile, the 7-day RSI at 45 indicates that the asset is still within a neutral range, but the declining trend in the 7-day, 14-day, and 30-day price changes (-5.22%, -7.37%, and -8.55% respectively) highlights a consistent downtrend.

Fundamentally, OHM's all-time high of $1415.26 from April 2021 appears distant, reflecting a substantial loss of market confidence. The persistent decline in price over the last month may signify structural issues or market sentiment shifts against Olympus.

Given the combination of technical indicators and recent price action, OHM is currently in a bearish phase with limited buying interest. A hold rating is warranted as the asset may be at a critical support level, and any signs of reversal or consolidation should be monitored closely before making further investment decisions.