Bitcoin is currently trading around the $108,000 mark, showing signs of stability after a recent surge from April lows. Although price action suggests strength, momentum has slowed slightly, creating a critical few days for further price movement. Analysis focuses on key technical indicators to understand potential future trends. The daily chart reveals that Bitcoin remains above both the 100-day and 200-day moving averages, situated in the $90,000 – $96,000 range, demonstrating strength. However, RSI at around 63 suggests momentum is not yet overheated but approaching the upper end of its range. A healthy consolidation around the $108,000 level could set the stage for an upward trajectory if bullish momentum holds and volume supports a breakout.