Coinbase Wrapped BTC (CBBTC) is currently priced at $105,762, reflecting a slight decline of 0.92% over the last 24 hours. The daily price range has been between $104,187 and $106,939, indicating a volatility of approximately 2.6%, while the trading volume stands at $221,361,117, contributing to a volume-to-market cap ratio of 4.68%.

Technical indicators show that the short-term moving averages (8 SMA at $105,513 and 13 SMA at $105,551) are slightly bullish, with gains of 0.24% and 0.20%, respectively. However, longer-term averages like the 144 SMA at $105,114 are indicating a more cautious outlook, with a 0.62% increase, reflecting a mixed sentiment among traders.

The Relative Strength Index (RSI) readings are neutral, with both the 1-hour and 7-day RSI at 49, suggesting that the asset is neither overbought nor oversold at this moment. Price changes over various timeframes show a -1.70% drop over the past week and a more significant -2.78% decline over the past 14 days, indicating a bearish trend in the short to medium term.

Despite the recent pullback, CBBTC has seen a substantial price increase of approximately 12.62% over the last 30 days, demonstrating some resilience and potential for recovery. However, it remains significantly below its all-time high of $112,129, achieved in May 2025, suggesting that upward momentum will need to overcome recent resistance levels before a bullish trend can be confirmed.

Based on the current data, the recommendation for Coinbase Wrapped BTC (CBBTC) is to Hold. While the recent price action shows some signs of volatility and mixed technical indicators, the longer-term potential remains intact due to the positive performance over the past month. Waiting for a clearer bullish signal or confirmation of a breakout above resistance levels may provide a more favorable entry point for traders.