Coinbase Wrapped BTC (CBBTC) is currently priced at $90,564, reflecting a slight 24-hour change of 0.04419%. The daily trading range has been relatively tight, with a high of $91,576 and a low of $89,935, indicating a volatility of 1.81% over the past day.

Trading volume stands at $214,220,749, contributing to a volume-to-market cap ratio of 3.11%. The short-term moving averages indicate a neutral trend, with the 8 SMA at $90,527.86 and the 13 SMA slightly higher at $90,514.53, both showing minimal upward momentum.

The 21 SMA at $90,594.72 shows a slight decline of 0.03%, while the 55 SMA at $90,575.63 is virtually flat at -0.01%. Longer-term sentiment appears weaker, as the 144 SMA at $91,754.85 reflects a more significant decline of 1.30%, signaling potential resistance ahead.

Momentum indicators are currently mixed; the 1-hour RSI is at 54, suggesting a slight bullish bias, while the 7-day RSI is at 49, indicating neutrality. Price changes over various timeframes show limited upside potential, with a 7-day increase of 0.97% and a more significant 14-day increase of 3.59%, but only a minor 30-day gain of 0.37%.

CBBTC's all-time high of $125,954 was reached on October 6, 2025, highlighting significant room for growth but also the risk of retracement from current levels. The lack of strong bullish momentum, combined with resistance at higher moving averages, suggests that traders should exercise caution.

Given the current market conditions, including low volatility, mixed momentum indicators, and proximity to resistance, a Hold rating is appropriate. This strategy allows for potential upward movement while avoiding exposure to a possible downturn.