tBTC (TBTC) is currently priced at $88,522, reflecting a 24-hour change of -0.93526%. The daily price range has been relatively narrow, with a high of $89,568 and a low of $88,498, indicating limited volatility in the short term.

Trading volume stands at $4,750,725, with a volume-to-market cap ratio of 0.91%, suggesting moderate liquidity but not enough to signal strong buying interest. The hourly moving averages are all trending downwards, with the 8 SMA at $88,890.60 showing a decrease of 0.41%, highlighting a bearish short-term sentiment.

The 1-hour RSI is at 28, indicating an oversold condition, while the 7-day RSI of 45 suggests that momentum is weakening but not yet at extreme levels. Price changes over the past week and two weeks show declines of 6.62% and 2.25%, respectively, indicating ongoing bearish pressure.

Despite a slight positive change of 0.18% over the past month, the overall trend remains negative, as evidenced by the declining moving averages and RSI metrics. The all-time high of $125,646 reached in October 2025 is a distant mark, suggesting significant downward pressure in the current market environment.

Given the combination of bearish indicators, including declining moving averages and a weak RSI, the market sentiment leans towards caution. Therefore, the recommendation for tBTC (TBTC) is to Hold, as the current oversold condition may present a short-term buying opportunity, but fundamental weaknesses indicate potential further declines before a recovery.