Avalanche Bridged BTC (BTC.B) is currently priced at $87,495, reflecting a 24-hour change of -2.98%. The asset's daily range of $2,991 indicates significant volatility, with a trading volume of approximately $19.2 million, translating to a volume-to-market cap ratio of 5.76%, suggesting moderate liquidity.

Technical indicators reveal bearish momentum, as the 1-hour RSI stands at 41, indicating the asset is nearing oversold territory but not yet confirmed. The 7-day RSI at 33 further reinforces the bearish outlook, suggesting sustained selling pressure, especially with a 7-day price change of -9.96%.

Moving averages indicate a downward trend, with the 8 SMA at $89,224.62 showing a decline of 1.94%, and the 144 SMA at $93,602.89 reflecting a more substantial drop of 6.53%. This consistent downward movement across the SMAs suggests resistance levels remain strong, particularly around $91,099.19 and $93,602.89.

Fundamentally, the asset is trading significantly below its all-time high of $125,862, recorded on October 6, 2025, indicating a potential lack of bullish sentiment in the current market. The negative price changes over 14 days (-4.04%) and 30 days (-2.37%) further illustrate a prolonged downtrend, emphasizing the current bearish sentiment.

Given the combination of bearish technical indicators, persistent selling pressure, and a weak RSI, the outlook for Avalanche Bridged BTC (BTC.B) appears negative. Therefore, the recommendation is to Sell, as further declines seem likely until bullish momentum can be established and the asset breaks above critical resistance levels.