Coinbase Wrapped BTC (CBBTC) is currently priced at $90,371, reflecting a 1.05% increase over the last 24 hours. The daily range of $3,677 indicates relatively high volatility, with a trading volume of approximately $440 million, contributing to a volume-to-market cap ratio of 6.73%, suggesting active market participation.

The short-term moving averages show mixed signals: the 8 SMA is slightly bearish at -0.26%, while the 13, 21, and 55 SMAs are indicating positive momentum. The 144 SMA, however, is bearish at -0.46%, indicating a potential resistance level around $90,785, which could be significant for traders looking for upward movement.

The 1-hour RSI stands at 58, indicating a slightly bullish short-term trend, while the 7-day RSI at 54 suggests a neutral stance over the week. Price changes over the last 7 days show a minimal decline of 0.12%, but the 14-day increase of 2.86% indicates a recovery phase, although the 30-day performance is notably negative at -12.88%.

Historically, CBBTC reached an all-time high of $125,954 on October 6, 2025, which sets a significant target for future price movements. The current price is approximately 28% below this historical peak, indicating potential for upside if market conditions improve.

Given the recent price action and technical indicators, CBBTC shows signs of potential short-term recovery, but the overall trend remains under pressure due to longer-term declines. Therefore, the recommendation is to Hold CBBTC for now, as a clearer upward momentum is needed to justify a Buy rating.