$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.

Moving Average Convergence Divergence (MACD): The MACD shows a bullish crossover on the daily chart, with the MACD line above the signal line and histogram bars growing, reinforcing the uptrend. However, traders should watch for any bearish divergence if momentum slows.