Coinbase Wrapped BTC (CBBTC) is currently trading at $95,093, reflecting a 3.31% increase over the past 24 hours. The price has oscillated within a daily range of $9,939, with a high of $95,754 and a low of $91,815, indicating a strong volatility in recent trading activity.

The trading volume stands at approximately $511 million, representing a volume-to-market cap ratio of 7.00%, which suggests a healthy trading environment for CBBTC. The moving averages reveal a bullish trend, particularly with the 55 SMA showing a notable increase of 3.03%, signaling potential upward momentum in the near term.

The 1-hour RSI is at 65, indicating that the asset is approaching overbought territory, while the 7-day RSI at 58 suggests a more balanced condition in the medium term. The price changes over the past week, two weeks, and month (3.81%, 7.71%, and 5.80%, respectively) confirm a generally positive trend, supporting the bullish sentiment.

Historically, CBBTC's all-time high was recorded at $125,954 on October 6, 2025. The current price is significantly below this level, indicating potential for growth, particularly if market sentiment remains favorable.

Given the current upward trajectory, supportive moving averages, and relatively high trading volume, the outlook for CBBTC remains positive. Therefore, the recommendation is to Buy, as the technical indicators and price action suggest further upside potential.