$BTC hit $101,000.01 on May 8, 2025, up 4.61% in the last 24 hours, per the Binance daily chart, with a 24-hour high of $101,525.03. The RSI at 86.43 signals overbought conditions, and volume at 28,159.40 BTC ($2.79 billion USDT) shows strong momentum. Next targets: Standard Chartered’s $150,000 year-end prediction suggests $110,000 as a near-term level if ETF inflows continue, though resistance may emerge at $105,000, a psychological barrier. Strategies: With RSI high, consider taking profits above $101,500 to mitigate a pullback risk—support lies at $99,842.55 (9-day MA). Alternatively, wait for a dip to $100,458.08 to buy, as overbought conditions often precede corrections in crypto’s volatile market.