Wrapped Bitcoin (WBTC) is currently priced at $90,615, reflecting a slight decline of 0.0172% over the last 24 hours. The daily trading range has been between $90,032 and $90,914, indicating low volatility with a relatively narrow range of 882%.

Trading volume stands at approximately $98.6 million, contributing to a volume-to-market cap ratio of 0.87%. The short-term moving averages are showing a mixed sentiment; while the 8 SMA and 13 SMA are indicating slight bullish momentum at 0.12% and 0.15%, respectively, the 55 SMA is turning bearish at -0.36%.

The 1-hour RSI is at 56, suggesting that the asset is in a neutral territory, while the 7-day RSI at 54 reflects a slight bullish trend over the past week, despite a 7-day price increase of 7.63%. However, the 14-day and 30-day price changes of -4.82% and -15.72% indicate that WBTC has faced considerable selling pressure in the longer term.

The all-time high of $125,932, reached in October 2025, sets a significant resistance level, while current price action remains well below this peak. Considering the recent fluctuations and the mixed signals from moving averages, WBTC's price appears to be consolidating within a range rather than showing clear bullish or bearish trends.

Given the current market data, the recommendation is to Hold. While short-term indicators show some signs of strength, the overall negative trend in the longer-term price changes suggests caution.