WETH is currently trading at $3,125.74, showing a 24-hour change of 1.17%. The daily price range reflects significant volatility with a low of $3,081.23 and a high of $3,133.57, resulting in a daily range of 52.34%.

Trading volume over the past 24 hours stands at 119,062,062, corresponding to a volume-to-market cap ratio of 1.48%. The hourly moving averages indicate mixed short-term momentum, with the 8, 13, and 21 SMA trending upward while the 55 and 144 SMA are showing declines, suggesting a potential short-term reversal.

The 1-hour RSI is at 49, indicating neutrality, while the 7-day RSI is at 50, reflecting a balanced market condition. Recent price changes show a 2.63% increase over the last week, a 4.25% rise over the last two weeks, but a decline of 3.27% over the past month, indicating mixed performance trends.

The all-time high for WETH remains significantly above the current price at $4,950.08, achieved on August 24, 2025. This high provides a strong psychological resistance level that traders may monitor closely.

Given the current technical indicators and the price action, WETH appears to be in a consolidation phase with potential for upward movement but facing short-term resistance. The mix of upward and downward momentum in the moving averages suggests caution.

Based on this analysis, the recommendation for WETH is a Hold. The current price is stabilizing, and a break above the 55 SMA at $3,152.98 could signal a bullish shift, while a drop below the 21 SMA at $3,106.77 could prompt further selling.