Coinbase Wrapped BTC (CBBTC) is currently priced at $90,453, exhibiting a modest 24-hour change of 0.47921%. The asset has seen a daily trading range of $1,981, with a high of $91,398 and a low of $89,417, indicating some volatility in the short term.

Trading volume stands at approximately $316.73 million, equating to a volume/market cap ratio of 4.61%, suggesting a healthy level of trading activity relative to its market capitalization. The hourly moving averages show a slight downward trend, with the 8 SMA at $91,001.17 and the 55 SMA at $91,271.42, indicating bearish pressure in the short term.

The 1-hour RSI is at 45, indicating that CBBTC is nearing oversold conditions, while the 7-day RSI at 51 reflects a neutral market sentiment. Price changes over different periods show a 7-day increase of 1.33%, a 14-day increase of 1.81%, but a 30-day decline of 2.04%, signaling mixed trends in the medium term.

The all-time high for CBBTC is recorded at $125,954, achieved on October 6, 2025, suggesting substantial room for growth if bullish momentum returns. However, given the current price and the general trend indicated by the moving averages and RSI, the asset appears to be facing short-term headwinds.

Based on the technical indicators and recent price movements, a Hold rating is appropriate for CBBTC at this time. While there is potential for recovery, the bearish pressure reflected in moving averages and the recent price decline warrants caution before making any buying decisions.