clBTC (CLBTC) is currently priced at $78,229, reflecting a slight decline of 1.40% over the past 24 hours. The daily trading range has fluctuated between a high of $80,206 and a low of $74,772, indicating significant volatility with a daily range percentage of 5434%.

Volume stands at 7,095.75, but the volume-to-market cap ratio is at 0.00%, suggesting a lack of active trading relative to its market capitalization. The short-term moving averages show a downward trend, with the 8 SMA at $78,473.60 and the 13 SMA at $78,738.90, both indicating negative momentum.

The 1-hour RSI is at 45, suggesting that the asset is neither overbought nor oversold, while the 7-day RSI of 42 indicates a more bearish sentiment in the medium term. Over the last week, clBTC has experienced a price drop of approximately 9.86%, and a decline of 14.69% over the past 14 days, signaling persistent selling pressure.

In the context of the broader market, the all-time high for clBTC remains at $129,190, achieved on July 24, 2025. Current prices are significantly below historical highs, indicating potential for recovery, but recent performance suggests caution in the near term.

Given the bearish trends across multiple timeframes, coupled with low trading volume and resistance at recent moving averages, a Sell rating is warranted. This position is supported by the ongoing downtrend and the lack of bullish signals in both RSI metrics.