tBTC (TBTC) is currently priced at $86,985, showing a slight decline of 0.10424% over the past 24 hours. The asset has experienced a daily range of $1,730, with a high of $88,314 and a low of $86,584, indicating moderate volatility in the short term.

The trading volume stands at approximately $9.45 million, with a volume-to-market cap ratio of 1.79%, suggesting relatively low liquidity. Technical indicators reveal a bearish sentiment, with hourly moving averages indicating downward trends across various periods, notably the 55 SMA at $88,104.89, which has declined by 1.27%.

The 1-hour Relative Strength Index (RSI) is at 39, indicating that TBTC is nearing oversold territory, while the 7-day RSI is neutral at 50. The price change over the last seven days is positive at 0.27%, but the 14-day and 30-day changes show declines of 5.67% and 0.10%, respectively, hinting at longer-term weakness.

Despite the recent price fluctuations, the all-time high of $125,646 remains a distant target, suggesting that TBTC has significant room for growth if it can regain bullish momentum. Current price levels and technical indicators suggest that the market sentiment is cautious, and investors should be vigilant.

Given the bearish moving averages and the low RSI, the recommendation is to Hold at this time. While there are signs of potential recovery, the overall market dynamics indicate that waiting for more favorable conditions may yield better entry points.