Starknet (STRK) is currently trading at $0.06745, showing a 24-hour decline of 6.18%. The price has fluctuated between a high of $0.071896 and a low of $0.066206 in the past day, indicating a relatively tight daily range of 0.00569%.

The trading volume stands at approximately 47.8 million, representing 13.66% of the market cap, which suggests a moderate level of liquidity. The hourly moving averages reflect a bearish trend, with the 8 SMA at $0.0674 showing slight positive momentum, while the longer-term averages (13 SMA at $0.0684 and 21 SMA at $0.0693) indicate more significant downward pressure.

The 1-hour RSI is at 27, signaling that STRK is in oversold territory, while the 7-day RSI at 39 suggests a weak momentum that could lead to further downside. The price changes over the last 7, 14, and 30 days (-18.13%, -17.07%, and -15.10%, respectively) show a consistent downtrend, underscoring ongoing selling pressure.

The all-time high for STRK was $4.41 in February 2024, which positions the current price at a substantial loss from its peak, highlighting significant market corrections. The recent performance and technical indicators imply that STRK is struggling to find support, suggesting that a reversal is not imminent without significant bullish catalysts.

Given the bearish technical indicators, declining momentum, and significant distance from the all-time high, the current sentiment appears negative. Therefore, the recommendation is to Hold STRK at this time, as potential recovery signals have not yet emerged and further declines could still occur.