Why is WBTUSD WhiteBIT Coin USD down 6.96% today?

The daily decline reflects broader market weakness and technical consolidation. Elevated volume at 256.9 million suggests institutional selling, while RSI at 57.5 indicates the market is digesting recent losses without clear directional bias.

What is the WBTUSD price forecast for 2026?

The yearly forecast targets $55.46, representing 4.7% upside from current levels. The quarterly target sits at $63.69, implying 20.2% potential gain if consolidation resolves higher and crypto sentiment improves.

Where is WBTUSD technical support?

Primary support sits at the lower Bollinger Band of $53.86, with secondary support at the 200-day moving average of $49.39. The day's low of $46.39 represents the absolute floor if selling accelerates significantly.

Is WBTUSD overbought or oversold?

RSI at 57.5 indicates neutral conditions, neither overbought nor oversold. However, CCI at 153.38 and MFI at 69.08 suggest short-term overbought conditions that could pressure price lower in the coming days.

What is the market cap of WhiteBIT Coin USD?

WBTUSD has a market cap of $10.15 billion with 214 million shares outstanding. This positions it as a mid-cap cryptocurrency with meaningful liquidity but still subject to sharp price moves.

Crypto Insights

WhiteBIT Coin USD Retreats 6.96% as Momentum Indicators Signal Consolidation

ByHuzaifa Zahoor February 7, 2026February 7, 2026

WhiteBIT Coin USD (WBTUSD) is trading at $52.97 as of February 6, 2026, down 6.96% over the past day. The cryptocurrency faces mixed technical signals with RSI at a neutral 57.5 and price action consolidating between key support and resistance levels. Market volume remains elevated at 256.9 million, suggesting active participation despite the daily decline. Understanding the current technical setup and market sentiment is essential for tracking WBTUSD’s next move. We’ll examine the technical indicators, price forecast, and what market data reveals about WhiteBIT Coin USD’s near-term direction.