tBTC (TBTC) is currently trading at $90,363, experiencing a slight decrease of 0.99% over the past 24 hours. The daily range has fluctuated between a low of $89,765 and a high of $92,519, indicating ongoing volatility within a $2,754 range.

The trading volume stands at approximately $14.43 million, with a volume-to-market cap ratio of 2.57%, reflecting moderate market activity. Short-term moving averages show a bearish trend, with the 8 SMA at $90,513.95, the 13 SMA at $90,628.54, and the 21 SMA at $90,943.18, all trending downward, while the 144 SMA indicates a potential support level at $88,593.57.

The 1-hour RSI is at 41, suggesting the asset is nearing oversold territory, while the 7-day RSI at 54 indicates a more neutral sentiment. Price changes over the last 7 days (+8.20%) show a recovery from prior declines, but the 14-day (-5.74%) and 30-day (-17.95%) changes highlight ongoing bearish pressure.

Given that tBTC is currently trading significantly below its all-time high of $125,646, which was reached in October 2025, the potential for a rebound exists if market conditions improve. However, the current technical indicators and short-term bearish sentiment suggest caution.

Considering the recent price action and technical indicators, a "Hold" rating is appropriate at this time. This recommendation is based on the potential for further price consolidation around current levels while monitoring for signs of upward momentum before considering a buy.