Wrapped eETH (WEETH) is currently priced at $3,363.08, reflecting a slight decline of 0.66% over the past 24 hours. The asset has experienced a daily range of $96.75, with a high of $3,439.39 and a low of $3,342.64, indicating a moderately volatile trading session.

Trading volume stands at approximately $30.46 million, with a volume-to-market cap ratio of 0.38%, suggesting that trading activity is relatively low compared to market capitalization. The hourly moving averages show a bearish trend, with the 8 SMA at $3,375.43 down 0.37% and the 13 SMA at $3,377.76 down 0.43%, indicating short-term selling pressure.

The 1-hour RSI is neutral at 50, while the 7-day RSI is slightly higher at 51, suggesting that WEETH is neither overbought nor oversold in the short term. Recent price changes show a modest increase of 10.83% over the last week and a smaller gain of 6.17% over the past two weeks, but a notable decline of 8.36% over the last 30 days points to potential bearish sentiment in the medium term.

The asset's all-time high of $5,296.78, reached on August 24, 2025, provides a long-term reference point for potential upside. Currently, the price is about 36.5% below that peak, indicating room for growth if the market conditions turn favorable.

Given the mixed indicators, with short-term averages showing bearish trends while the RSI suggests neutral momentum, a cautious approach is warranted. Therefore, the rating for WEETH is a Hold, as it may be prudent to observe further market movements before making a buying decision.