Coinbase Wrapped BTC (CBBTC) is currently priced at $92,907, reflecting a 4.32% increase over the last 24 hours. The daily trading range has been significant, with a high of $93,958 and a low of $89,057, indicating volatility that traders can leverage.

The volume of $656,193,264 corresponds to a market cap volume ratio of 9.89%, suggesting active trading interest. Short-term moving averages show mixed signals, with the 8 SMA slightly down at -0.18%, while longer SMAs like the 55 SMA indicate stronger upward momentum at +4.79%.

Technical indicators reveal that the 1-hour RSI is at 63, signaling bullish momentum, whereas the 7-day RSI at 52 indicates a neutral stance. Recent price changes show a 6.74% increase over the past week, but a 13.84% decline over the last 30 days highlights a longer-term bearish trend that could influence future performance.

Fundamentally, CBBTC remains well below its all-time high of $125,954, reached in October 2025, suggesting potential room for growth if market conditions improve. The current price levels and volatility suggest that traders should watch for key resistance around $93,958 and support near $89,057.

Given the current price action, the mix of bullish short-term indicators and neutral longer-term trends presents an opportunity. Therefore, I recommend a Buy rating for CBBTC, provided traders are prepared for potential volatility and the overall market sentiment remains favorable.