CLBTC is currently priced at $91,345, reflecting a 24-hour change of -0.98%, which indicates a slight downward pressure in the market. The daily trading range has been between $90,288 and $92,252, showing a volatility of $1,964, but with low trading volume of 4.32 suggesting limited market participation.

The hourly moving averages indicate a mixed sentiment; the 8 SMA is slightly positive at +0.31%, while the 55 SMA is neutral at -0.01%. The 1-hour RSI stands at 51, suggesting the asset is neither overbought nor oversold, while the 7-day RSI at 42 indicates some bearish sentiment as it approaches oversold territory.

In terms of price momentum, the 7-day and 14-day price changes are 0.95% and 2.86%, respectively, demonstrating some recent recovery but lackluster performance over a longer timeframe. The 30-day price change of 0.88% confirms that CLBTC has been relatively stagnant over the past month.

Given that CLBTC remains significantly below its all-time high of $129,190 reached in July 2025, there is potential for price recovery if market conditions improve. However, the current bearish indicators, along with low trading volume and RSI readings suggest caution.

In conclusion, the analysis points to a Hold rating for CLBTC. While there are signs of potential recovery, the bearish sentiment reflected in RSI metrics and the current price action indicate it may be prudent to wait for more favorable conditions before making a buy decision.