Wrapped eETH (WEETH) is currently priced at $3,170.82, reflecting a 24-hour change of -1.51%. The asset has experienced a daily range of $73.13, with a high of $3,229.66 and a low of $3,156.53, indicating relatively low volatility in the short term.

The trading volume stands at 1,712,135, contributing to a low volume-to-market cap ratio of 0.02%. The short-term moving averages are all trending downward, with the 8 SMA at $3,201.65, the 13 SMA at $3,197.71, and the 21 SMA at $3,206.32, suggesting a bearish sentiment in the immediate market.

The 1-hour RSI is at 42, indicating that WEETH is nearing oversold conditions, which could signal a potential price rebound. Conversely, the 7-day RSI of 53 shows that the asset remains in neutral territory, while the longer-term 14-day price change of -11.85% reflects significant downward pressure.

Fundamentally, WEETH is significantly below its all-time high of $5,296.78, reached on August 24, 2025. The 30-day price change of 2.42% suggests some signs of recovery, but the recent negative momentum over the last two weeks raises concerns about sustained upward movement.

Given the recent price action and technical indicators, the recommendation for WEETH is a Hold. The asset is currently at a critical support level, and the oversold RSI could provide a short-term trading opportunity, but the overall bearish trend and significant recent losses warrant caution before making new purchases.