Wrapped Bitcoin (WBTC) is currently priced at $109,139, reflecting a 24-hour change of 1.52%. The daily price range has been between $106,309 and $110,720, indicating a volatility of 4.41% within the last 24 hours.

The trading volume stands at approximately $399.69 million, contributing to a volume-to-market cap ratio of 2.89%. The short-term moving averages show mixed signals, with the 8 SMA and 13 SMA indicating slight downward trends, while the 21 SMA shows a minor upward movement.

The 1-hour Relative Strength Index (RSI) is at 61, suggesting that WBTC is nearing overbought territory, which could lead to a price correction in the short term. Conversely, the 7-day RSI at 47 indicates that the asset is relatively neutral, neither overbought nor oversold.

Over the past week, WBTC has experienced a price decline of 1.04%, but the 14-day price change shows a recovery of 2.68%. In contrast, the 30-day price change reveals a significant downward trend of 7.45%, highlighting potential bearish sentiment over the longer term.

The all-time high for WBTC stands at $125,932, achieved on October 6, 2025, creating a substantial gap between the current price and historical peaks. This suggests that WBTC may have considerable room for growth if positive market conditions persist.

Considering the current technical indicators, the mixed short-term moving averages and the RSI readings suggest caution. Therefore, the recommendation for Wrapped Bitcoin (WBTC) is to Hold, as potential short-term corrections could present buying opportunities, while longer-term bearish trends should be monitored closely.