tBTC (TBTC) is currently trading at $81,922, reflecting a 24-hour decline of 6.34%. The price has fluctuated within a daily range of $8,493, reaching a high of $88,556 and a low of $81,063, indicating heightened volatility in the market.

The trading volume over the past 24 hours stands at approximately $21,746,739, with a volume-to-market cap ratio of 4.44%. This relatively low volume suggests limited investor interest, which may further contribute to the ongoing price decline.

Technical indicators show that the short-term moving averages are all trending downwards, with the 8 SMA at $84,112.57 down by 2.60% and the 144 SMA at $88,146.00 down by 7.06%. The 1-hour RSI of 18 indicates that the asset is in oversold territory, suggesting a potential reversal, while the 7-day RSI of 41 reflects a bearish sentiment over a longer timeframe.

Over the past week, tBTC has experienced a price change of -8.88%, and the 14-day and 30-day price changes are also negative at -14.37% and -7.16%, respectively. This consistent downward trend points to ongoing bearish pressure, which has resulted in a significant drop from its all-time high of $125,646.

Given the combination of a strong downward trend in both price and technical indicators, tBTC appears to be under significant selling pressure. While the oversold RSI may indicate a potential short-term rebound, the overall market sentiment and technicals suggest that the asset remains in a bearish phase.

In conclusion, the recommendation for tBTC (TBTC) is to Sell. The persistent downward movement, negative price changes over multiple timeframes, and weak volume point to further downside risk in the near term.