Tether (USDT) is currently trading at $1, reflecting minimal volatility with a 24-hour change of just 0.00677%. The daily range shows a high of $1 and a low of $0.999956, indicating stability around the peg to the US dollar.

Trading volume stands at approximately $95.4 billion, with a volume-to-market cap ratio of 51.95%, suggesting active trading and liquidity. The hourly moving averages are consistent at $1, with minor fluctuations, and the 1-hour RSI at 29 indicates oversold conditions, while the 7-day RSI at 51 reflects a neutral position.

Over the past week, USDT's price has increased by 0.0475%, while the 14-day and 30-day price changes are 0.0419% and 0.1393%, respectively. Despite these slight increases, Tether's performance remains largely stable, reflecting its role as a stablecoin.

Historically, USDT reached an all-time high of $1.32 on July 24, 2018, but has consistently maintained a peg close to $1, characteristic of stablecoins. Given the current market dynamics and price stability, there are no significant catalysts suggesting immediate movement away from the peg.

In summary, Tether maintains its core functionality as a stablecoin, with strong liquidity and minimal volatility. Based on the current data and stability of the price around $1, the recommendation is to Hold, as there is little opportunity for substantial gains or losses in the near term.