Wrapped Bitcoin (WBTC) is currently priced at $90,719, reflecting a slight decrease of -0.57% over the past 24 hours. The daily trading range has been between $90,178 and $92,609, indicating moderate volatility with a range of $2,431.

The volume for the last 24 hours stands at approximately $188.24 million, equating to a volume-to-market cap ratio of 1.66%. This suggests a relatively stable market interest, though lower volume can often indicate reduced liquidity.

In terms of moving averages, the 8-period and 13-period SMAs are showing negative momentum, while the 21-period SMA is also in decline. However, the 55-period SMA is slightly positive at +0.19%, and the 144-period SMA shows a stronger bullish trend at +2.81%, indicating a potential long-term upward momentum.

The 1-hour RSI is at 45, suggesting the asset is nearing oversold conditions, while the 7-day RSI of 57 indicates a neutral to slightly bullish sentiment. The 7-day price change of +6.54% is promising, but the longer-term metrics reveal a more concerning trend with a 14-day change of -4.45% and a 30-day decline of -18.76%.

The all-time high for WBTC was $125,932 on October 6, 2025, which provides a significant resistance level to consider. Current price levels are substantially below this peak, suggesting room for recovery, but the recent bearish momentum and RSI readings indicate caution.

Given the mixed signals from both the technical indicators and recent price action, a cautious approach is warranted. The negative changes in the shorter term coupled with overall declining trends over the past month lead to a Hold rating for Wrapped Bitcoin (WBTC), as investors should observe for clearer bullish signals before taking a position.