$BTC Is consolidating near the $100,000–$103,000 range after breaking above the psychological $100,000 level earlier in May. The price is trading above the 50-day Simple Moving Average (SMA) at $89,339 and the 200-day SMA at $92,861, indicating strong bullish momentum.
Relative Strength Index (RSI): The RSI on the daily timeframe is at 73.59, signaling overbought conditions (above 70). This suggests potential for a short-term pullback, though strong bullish sentiment may sustain higher prices. On the 4-hour chart, RSI is neutral, indicating no immediate reversal signal.