WETH is currently priced at $3,113.02, reflecting a slight decrease of 0.95% over the past 24 hours. The daily trading range has shown significant volatility, with a high of $3,176.96 and a low of $3,055.11, indicating a daily range fluctuation of 121.85%.

Trading volume stands at 54,606,132, with a volume-to-market cap ratio of 0.68%, suggesting moderate trading activity relative to its market capitalization. Short-term moving averages indicate mixed signals; the 8 SMA and 13 SMA show slight upward trends, while the 21 SMA and 55 SMA display bearish momentum.

The 1-hour RSI is at 42, suggesting that WETH is nearing oversold conditions in the short term. Conversely, the 7-day RSI is at 49, indicating a neutral stance over the past week, with a price increase of approximately 4.26%.

Looking at longer-term performance, the 14-day price change has shown a positive trend of about 5.49%, while the 30-day price change indicates a decline of approximately 7.76%. The all-time high for WETH stands at $4,950.08, achieved on August 24, 2025, suggesting substantial upside potential from the current price.

Given the current technical indicators and performance data, WETH shows mixed signals; while short-term moving averages are slightly bullish, the longer-term trends are concerning. The lack of strong upward momentum, combined with the recent price decline and RSI readings, suggests caution.

Rating: Hold. The market shows potential for recovery in the medium term, but current volatility and mixed signals warrant a conservative approach before taking any further positions.