tBTC is currently priced at $91,898, experiencing a slight decline of 0.06862% over the past 24 hours. The price has fluctuated between a high of $92,099 and a low of $89,893, indicating a daily range of $2,206, which reflects notable volatility in the market.

Volume stands at $6,975,453, representing a trading volume to market cap ratio of 1.27%. The hourly moving averages show an upward trend, with the 8 SMA at $91,325.70 (+0.63%), 13 SMA at $91,063.34 (+0.92%), and 21 SMA at $91,139.74 (+0.83%), indicating short-term bullish momentum.

The 1-hour RSI is at 66, suggesting that tBTC is nearing overbought conditions in the short term. Conversely, the 7-day RSI is at 50, which indicates a neutral trend, while the 7-day price change shows a decline of approximately 2.28%, reflecting recent bearish sentiment.

In terms of price performance, the 14-day change is positive at 5.58%, and the 30-day price change is also positive at 1.99%. However, the price remains significantly below its all-time high of $125,646 reached on October 6, 2025, indicating potential for recovery but also the risk of further declines if market sentiment shifts.

Given the current technical indicators, particularly the strength of the moving averages and the short-term RSI indicating bullishness, I recommend a Buy rating for tBTC. The upward trend in the moving averages suggests that momentum could continue, and despite the recent price drop, the overall market structure supports a favorable entry point.