Coinbase Wrapped BTC (CBBTC) is currently trading at $91,464, reflecting a 1.86% decline over the last 24 hours. The price is oscillating within a daily range of $2,599, with a high of $93,304 and a low of $90,705, indicating volatility in the market.

Trading volume stands at approximately $400.96 million, with a volume-to-market cap ratio of 6.17%, suggesting decent liquidity but also possible selling pressure. The hourly moving averages indicate a downward trend, with the 8 SMA at $92,318.63 and the 13 SMA at $92,312.47, both showing negative changes.

The 1-hour RSI is at 33, signaling that CBBTC is approaching oversold conditions, while the 7-day RSI of 51 indicates a neutral market stance. Price changes over various time frames reveal a minor gain of 0.25% over the last week, a notable increase of 9.30% over the last two weeks, but a substantial decline of 10.13% over the last month.

Despite the recent downward pressure, the 144 SMA at $90,467.46 shows a positive trend of 1.10%, which could suggest potential support around this level. The all-time high of $125,954 reached on October 6, 2025, remains a significant resistance level, highlighting a considerable gap from the current price.

Given the current indicators and price action, the market shows signs of potential recovery, but caution is warranted due to the recent volatility and the RSI readings. Therefore, the recommendation for Coinbase Wrapped BTC (CBBTC) is to Hold, as waiting for clearer bullish signals may yield better entry points.