Coinbase Wrapped BTC (CBBTC) is currently priced at $92,514, reflecting a 24-hour change of 2.84%. The asset has experienced a daily range of $4,656, with a 24-hour high of $94,474 and a low of $89,818, indicating notable volatility.

The trading volume over the last 24 hours stands at $478,102,778, with a volume-to-market cap ratio of 7.12%. Short-term moving averages show mixed signals: the 8 SMA indicates a slight downtrend of -0.97%, while longer-term averages, such as the 144 SMA, show a positive trend of +1.76%, suggesting potential bullish momentum.

The 1-hour RSI is at 67, indicating that the asset is nearing overbought territory, while the 7-day RSI at 49 suggests a neutral position. The recent 7-day price change of -0.07% signals some stagnation, whereas the 14-day price change of +5.32% indicates a recovery trend over a longer period.

Over the past 30 days, CBBTC has seen a decline of approximately 12.57%, reflecting broader market pressures. The all-time high of $125,954 from October 6, 2025, highlights significant upside potential, but the current price is well below this level, presenting a substantial opportunity for recovery.

Considering the technical indicators and recent price movements, CBBTC displays potential for growth despite current overbought signals. Given the mix of positive longer-term trends and immediate overbought conditions, a Hold rating is appropriate, allowing for monitoring of market conditions and potential entry points for future investment.