WETH is currently priced at $3,103.57, reflecting a slight increase of 0.51% over the last 24 hours. The daily trading range of $59.53 indicates volatility, as the price fluctuated between a high of $3,135.77 and a low of $3,076.24, suggesting active market participation.

Volume stands at $212,492,402, with a volume-to-market cap ratio of 2.68%, indicating moderate liquidity. The hourly moving averages show mixed signals, with the 8 SMA at $3,109.56 showing a slight decline while longer averages like the 144 SMA indicate a bearish trend at $3,147.29.

The 1-hour RSI is at 55, suggesting that WETH is neither overbought nor oversold in the short term. However, the 7-day RSI at 45 signals bearish momentum, reflecting a price decline of approximately 0.89% over the past week, while the 14-day and 30-day changes show some recovery potential with gains of 5.87% and 0.97%, respectively.

Despite recent fluctuations, WETH is significantly below its all-time high of $4,950.08, reached on August 24, 2025. The combination of bearish short-term indicators and the potential for recovery in longer time frames suggests caution.

Given the current technical indicators and mixed sentiment, I recommend a Hold rating for WETH. The market shows signs of indecision, and while there may be potential for upward movement, the recent performance and RSI levels suggest maintaining current positions rather than pursuing new buys.