WhiteBIT Coin (WBT) is currently priced at $49.24, reflecting a 24-hour change of -3.27%. The daily trading range has been relatively narrow, with a high of $50.98 and a low of $49.06, indicating a market exhibiting slight bearish sentiment.

The trading volume stands at 89,742,192, with a volume-to-market cap ratio of 0.85%, suggesting moderate liquidity in the market. The hourly moving averages are all trending downward, with the 8 SMA at $50.25 and the 55 SMA at $50.37, indicating a consistent decline in price momentum over the short term.

The 1-hour RSI is at 25, placing WBT in oversold territory, which may indicate a potential rebound if buyers step in. However, the 7-day RSI at 47 suggests that the asset is still in a consolidative phase, lacking a strong bullish signal.

Over the past week, WBT has declined by approximately 2.59%, and the 14-day price change shows a similar negative trend at -2.85%. The 30-day price change reveals a more significant downturn of 10.32%, indicating a longer-term bearish trend that should be considered by traders.

Despite the recent price struggles, the all-time high of $64.11, achieved on December 10, 2025, provides a target for long-term investors to consider. Current technical indicators suggest that while the asset is oversold in the very short term, it may not have sufficient momentum to initiate a strong recovery in the immediate future.

Given the technical indicators, bearish sentiment, and lack of strong buying pressure, the recommendation for WhiteBIT Coin (WBT) is to Hold. This strategy allows for potential recovery as oversold conditions may lead to a short-term bounce while monitoring for any signs of trend reversal or increased buying volume.