tBTC (TBTC) is currently trading at $88,847, experiencing a slight decline of 0.80% over the last 24 hours. The asset has seen a daily high of $89,919 and a low of $88,853, indicating a daily range of $1,066, which reflects a moderate level of volatility.

The trading volume over the past 24 hours is approximately $2.73 million, contributing to a volume-to-market cap ratio of 0.50%. Short-term moving averages show a bearish trend, with the 8 SMA at $89,383.05 and the 13 SMA at $89,428.88 both declining, suggesting downward pressure on the price.

The 1-hour Relative Strength Index (RSI) is at 31, indicating that TBTC is approaching oversold conditions in the short term. In contrast, the 7-day RSI at 52 suggests a neutral momentum, while the price changes over varying time frames show a 3.98% increase over 14 days but a more significant 12.60% drop over the past month.

Given the current price relative to its all-time high of $125,646, tBTC is trading significantly lower, which could present a long-term buying opportunity if market conditions stabilize. However, the recent price action and moving averages point to short-term bearish sentiment, warranting caution for immediate trades.

Based on the analysis, the recommendation for tBTC is to Hold. This rating reflects the mixed indicators where short-term trends are bearish, but mid-term gains are possible if the asset stabilizes and momentum shifts positively.