Coinbase Wrapped BTC (CBBTC) is currently priced at $90,505, showing a slight 24-hour increase of 0.06649%. The trading range for the day has been between $90,273 and $91,089, indicating a modest volatility level with a daily range of 816%.

Volume has reached $144,506,422, translating to a 2.10% volume-to-market cap ratio, which is relatively low and suggests less aggressive trading activity. The hourly moving averages are predominantly in decline, with the 8 SMA at $90,784.23 and the 144 SMA significantly lower at $91,412.73, indicating a bearish short-term sentiment.

The relative strength index (RSI) readings reveal that the asset is currently in a neutral zone, with the 1-hour RSI at 45 and the 7-day RSI at 44. This suggests a lack of momentum in either direction, although the 7-day price change of -0.76% indicates some recent weakness, contrasting with the 14-day price change of 3.43%, which reflects a more stable performance over a longer term.

The all-time high for CBBTC stands at $125,954, reached in October 2025, which provides a significant potential upside. However, the current price is still approximately 28% below this level, presenting a challenging backdrop for bullish sentiment, especially given the recent declines.

Given the lack of momentum in the short term, the low trading volume, and the current price sitting near support levels, the recommendation for CBBTC is to Hold. A consolidation phase may be expected before any potential upward movement, and investors should monitor for stronger volume or bullish signals before considering a Buy.