clBTC (CLBTC) is currently trading at $87,442, experiencing a minor decline of 0.45% over the last 24 hours. The daily price range indicates significant volatility, with a high of $87,840 and a low of $65,565, reflecting a 22,275% daily range.

Volume is low at 19.48, suggesting a lack of market participation, which is further highlighted by a Vol/Market Cap ratio of 0.00%. The moving averages indicate mixed signals, with the 8 SMA showing a slight upward trend at $87,212.50, while the longer moving averages (13 SMA, 21 SMA, and 55 SMA) are trending downward, indicating potential bearish momentum.

The 1-hour RSI is at 28, indicating an oversold condition, which often precedes a price rebound in the short term. However, the 7-day RSI at 52 suggests a neutral stance, while the 14-day and 30-day price changes are negative at -2.57% and -0.52%, respectively, indicating a weakening trend in the mid-term.

The all-time high of $129,190, reached on July 24, 2025, highlights significant upside potential but also the risk of a prolonged downtrend from current levels. The current price is approximately 32% below the all-time high, suggesting substantial room for recovery, but recent performance indicates caution.

Given the mixed signals from moving averages and the oversold condition on the 1-hour RSI, a short-term rebound is possible. However, the overall trend remains bearish, supported by declining moving averages and negative mid-term price changes.

Rating: Hold. While short-term recovery potential exists, the bearish trend and low volume suggest caution. Further confirmation of upward momentum is necessary before considering a buy position.