CLBTC is currently trading at $89,479, reflecting a 24-hour decrease of 2.75%. The daily trading range has been between a high of $92,220 and a low of $88,489, indicating volatility, but the overall momentum appears negative given the recent price action.

Volume remains low at 15.31, contributing to a minimal impact on market capitalization, evident from a 0.00% volume-to-market cap ratio. The hourly moving averages show a downtrend, with the 8 SMA at $89,498.85, indicating immediate resistance, while the longer-term 144 SMA sits significantly higher at $90,922.45.

The Relative Strength Index (RSI) metrics suggest bearish momentum, with the 1-hour RSI at 22 indicating oversold conditions, while the 7-day RSI at 45 shows a potential lack of upward strength. Price changes over varying periods highlight a bearish trend, with a 7-day drop of 7.43% and a modest 14-day decline of 1.17%, contrasting with a slight 30-day increase of 1.46%.

Considering the technical indicators and price action, CLBTC is currently in a corrective phase, with resistance levels proving difficult to overcome. The proximity to the recent low and a generally bearish RSI suggest further downside risk is possible in the short term.

Based on this analysis, I recommend a Hold rating. The current price levels suggest caution, but the potential for recovery exists if the price stabilizes above $89,500 and shows signs of reversal.