Unit Bitcoin (UBTC) is currently trading at $87,733, reflecting a 24-hour decline of 0.9079%. The price is experiencing a daily range of $2,619, indicating significant volatility as it fluctuated between a high of $88,782 and a low of $86,163.

The trading volume over the last 24 hours stands at approximately 50.24 million, which translates to a volume-to-market cap ratio of 17.50%. This robust volume suggests active market participation, but the slight price drop indicates potential selling pressure that traders should monitor closely.

Analyzing the hourly moving averages reveals mixed signals; the 8 SMA is marginally down by 0.05%, while the 13 SMA has shown a slight recovery of 0.27%. Conversely, the longer-term 55 and 144 SMAs are both down, suggesting that short-term momentum is not sufficient to overcome longer-term bearish trends.

The 1-hour RSI at 76 indicates that UBTC is currently overbought in the short term, while the 7-day RSI at 47 signals a more neutral position, suggesting the asset is neither overbought nor oversold over a longer period. Recent price changes show a 7-day drop of approximately 5.79%, a 14-day decline of 3.04%, but a slight recovery of 0.36% over the last 30 days, indicating a potential bottoming out in the medium term.

Given that the all-time high for UBTC remains significantly higher at $126,087, there is potential upside if the market can stabilize and attract bullish sentiment. However, the current price trend and mixed technical indicators suggest caution is warranted, particularly in light of the recent downward pressure.

In conclusion, the recommendation for UBTC is to Hold. The asset shows signs of volatility and uncertainty, with short-term momentum not yet confirming a reversal despite its lower RSI readings over the longer time frames. Further monitoring of market conditions and potential support levels is advisable before making any new positions.