WhiteBIT Coin (WBT) is currently priced at $51.76, reflecting a 3.41% increase over the past 24 hours. The asset experienced a daily high of $52.13 and a low of $49.79, indicating a daily range of 2.34%, which suggests moderate volatility.

The trading volume over the past 24 hours stands at 80,602,245, equating to a volume-to-market cap ratio of 0.73%. This volume indicates a decent level of market interest but is relatively low compared to the market cap, which may suggest potential liquidity issues if significant selling pressure occurs.

Short-term moving averages are showing a bullish trend, with the 8 SMA at $51.15 (+1.20%) and the 13 SMA at $50.78 (+1.94%). However, the longer-term moving averages, particularly the 144 SMA at $51.84 (-0.15%), indicate a slight bearish sentiment, suggesting caution for longer-term positions.

The 1-hour Relative Strength Index (RSI) is at 80, signaling an overbought condition in the short term. In contrast, the 7-day RSI at 48 reflects a neutral position, and the 7-day price change shows a decline of 2.60%, indicating recent bearish sentiment that may temper short-term bullish enthusiasm.

The 14-day price change of +0.84% indicates slight recovery over the medium term, but the 30-day change of -10.65% reflects a significant downturn in price, suggesting underlying weakness. The all-time high of $64.11 reached in December 2025 remains a target, but current performance indicates a long way to go to reclaim this level.

Given the current price action, the mixed signals from moving averages, and the overbought RSI, a cautious approach is warranted. Therefore, the rating for WBT is Hold, as the asset shows potential for further gains in the short term, but underlying trends indicate possible corrections that may present better entry points.