CLBTC is currently priced at $89,185, reflecting a 24-hour change of -0.67117%. The daily trading range has been relatively tight, with a high of $90,202 and a low at the current price, indicating low volatility in the short term.

Volume stands at 1.96, which suggests minimal trading activity, contributing to a Vol/Market Cap ratio of 0.00%. The short-term moving averages are showing slight downward trends, with the 8 SMA at $89,463.99 indicating a 0.31% decline, while longer-term SMAs are also reflecting bearish sentiment, particularly the 21 SMA at $89,668.94.

The 1-hour RSI is at 30, suggesting the asset is oversold, while the 7-day RSI sits at 48, indicating neutrality. Over the past week, CLBTC has experienced a minor decline of approximately 0.01%, with a more significant 14-day decline of around 7.35%, but a modest recovery of 0.42% over the past month.

Given the current price is significantly lower than the all-time high of $129,190, there is potential for a rebound if bullish sentiment returns. However, the overall trend in the last 14 days shows weakness, and the current low trading volume does not support immediate upward momentum.

Based on this analysis, the recommendation for CLBTC is a Hold. The asset shows signs of being oversold, but the lack of volume and overall downtrend in moving averages suggests caution before making any new positions.