Avalanche Bridged BTC (BTC.B) is currently priced at $87,676, showing a slight increase of 0.34% over the past 24 hours. The daily trading range is notable at 575%, with the price oscillating between a low of $87,311 and a high of $87,886, indicating significant volatility within the trading session.

Trading volume stands at approximately 9.24 million, which represents 2.71% of its market cap, suggesting moderate liquidity in the market. The hourly moving averages reflect a mixed sentiment, with the shorter-term SMAs indicating slight bullish momentum, while the longer-term 144 SMA shows a bearish trend, indicating potential resistance around $87,861.

The 1-hour Relative Strength Index (RSI) is at 62, signaling that the asset is nearing overbought territory, which could lead to a potential pullback. In contrast, the 7-day RSI is at 48, suggesting a neutral position over a longer time frame, with the price showing a decline of 0.36% over the past week and a more pronounced drop of 2.92% over the last two weeks.

Despite the recent price fluctuations, BTC.B is significantly below its all-time high of $125,862 recorded on October 6, 2025. The consistent decline in price over the last 30 days, dropping by 3.81%, reflects underlying bearish sentiment, likely influenced by broader market conditions and investor sentiment shifts.

Considering the current price action, mixed technical indicators, and the asset's performance over the past weeks, the recommendation is to Hold. While there is potential for a short-term bounce due to the recent bullish movement in shorter SMAs, the overall trend remains weak, and further downside risks should be monitored closely.