Wrapped eETH (WEETH) is currently trading at $3,545.80, reflecting a significant 5.68% increase over the last 24 hours. The price has exhibited a daily range of $176.8, with a high of $3,519.44 and a low of $3,342.64, indicating volatility within a relatively narrow range compared to recent performance.

The trading volume for WEETH is reported at approximately $28.84 million, yielding a volume-to-market cap ratio of 0.35%. This suggests moderate liquidity, which can support further price movements; however, it also implies that the current price may be sensitive to changes in buying or selling pressure.

Technical indicators show that short-term moving averages (8 SMA at $3,370.97 and 13 SMA at $3,372.95) are trending positively, reflecting a bullish momentum. The 1-hour RSI is at 76, indicating that WEETH may be overbought in the short term, while the 7-day RSI of 54 suggests a more neutral position, allowing for potential upward movement without immediate exhaustion.

In terms of price momentum, WEETH has shown a 7-day price change of 13.07% and a 14-day change of 14.23%, which indicates a robust recovery phase following a recent decline, as evidenced by a 30-day price change of -6.44%. Given the upward trend in both shorter and medium-term perspectives, there is a strong bullish sentiment among traders.

Considering the all-time high of $5,296.78, there remains substantial upside potential from the current price level. With technical indicators supporting further price appreciation and positive short-term momentum, the outlook for WEETH remains strong.

Based on this analysis, the recommendation is to Buy WEETH. The combination of positive technical indicators, recovery in price trends, and potential for growth toward the all-time high supports this rating.