Wrapped Bitcoin (WBTC) is currently priced at $90,825, reflecting a slight decline of 0.45% over the last 24 hours. The daily trading range has been $1,176, with a high of $91,699 and a low of $90,523, indicating moderate volatility in the short term.

The volume stands at approximately $181.3 million, corresponding to a volume-to-market cap ratio of 1.60%, suggesting healthy trading activity but with room for improvement. The hourly moving averages indicate a bearish short-term trend, as all SMAs are trending lower, with the 8 SMA at $91,253.09 and the 13 SMA at $91,144.56.

The 1-hour Relative Strength Index (RSI) is currently at 35, signaling potential oversold conditions, while the 7-day RSI at 57 indicates a neutral short-term momentum. Over the past week, WBTC has seen a price increase of approximately 4.60%, but the 14-day and 30-day price changes are negative at -8.51% and -19.22%, respectively, reflecting longer-term weakness.

The all-time high for WBTC remains at $125,932, established in October 2025, indicating significant potential upside from current levels. However, the broader market sentiment and negative longer-term price changes suggest caution for short-term traders.

Considering the current technical indicators, the bearish movement reflected in the hourly SMAs, and the negative longer-term trends, a Hold rating is recommended. This stance allows for potential recovery from oversold conditions without committing to new positions until clearer bullish signals emerge.