tBTC (TBTC) is currently trading at $87,393, reflecting a slight increase of 0.1189% over the past 24 hours. The daily price action has been relatively stable, with a high of $87,881 and a low of $87,000, resulting in a daily range of 881%.

Trading volume stands at approximately 2,929,254, with a volume-to-market cap ratio of 0.56%, indicating moderate liquidity. The short-term moving averages suggest a downward trend, as the 8 SMA, 13 SMA, and 21 SMA all show negative percentages, signaling bearish pressure in the market.

Technical indicators reveal that the 1-hour RSI is at 50, indicating a neutral position, while the 7-day RSI is slightly lower at 48, suggesting potential weakness in momentum. Furthermore, tBTC has experienced declines over various time frames, with a 7-day price change of -0.96%, a 14-day change of -1.24%, and a 30-day decrease of -3.96%.

The asset is trading significantly below its all-time high of $125,646, reached on October 6, 2025, which indicates a substantial distance to recover for bullish sentiment. Current price levels coupled with the bearish moving averages and downward momentum highlight a challenging environment for tBTC.

Considering the current technical indicators, bearish moving averages, and recent price history, the recommendation for tBTC is a Sell. The market lacks clear bullish signals, and the risk of further downside appears elevated given the negative trends observed.