Coinbase Wrapped BTC (CBBTC) is currently priced at $92,915, reflecting a 1.87% increase over the past 24 hours. The daily trading range has been notably volatile, with a low of $90,948 and a high of $93,247, indicating a substantial price fluctuation of $2,299.

The trading volume stands at approximately $250.85 million, which accounts for 3.54% of the market cap, suggesting a healthy trading activity relative to its overall market size. Technical indicators show that the short-term moving averages (8 SMA and 13 SMA) are trending upwards, reflecting positive momentum, while longer-term averages like the 55 SMA and 144 SMA also exhibit upward trends, indicating a bullish sentiment.

The 1-hour RSI is currently at 71, indicating that CBBTC may be approaching overbought conditions in the short term. However, the 7-day RSI of 62 and recent price changes over various periods suggest that the asset retains room for growth without immediate correction.

CBBTC has shown a robust performance with a 5.35% increase over the past week and a solid price appreciation of approximately 4.56% over the last 14 days. The asset is still well below its all-time high of $125,954, which presents potential for future growth if market conditions remain favorable.

Given the strong technical signals and positive price momentum, along with healthy trading volume and relative strength indicators suggesting continued buying interest, the outlook for CBBTC appears favorable. Therefore, the recommendation is to Buy CBBTC, capitalizing on the current upward trend while being mindful of potential short-term overbought signals.