Based on the daily chart of Bitcoin, after the price quickly retraced with three consecutive down days and tested support near the middle band, it has now formed a small rebound with a slight bottoming out, showing a moderate upward movement. The overall daily chart pattern still remains stable within the triangle range. The current upward trend structure remains stable, and the medium- to long-term outlook still favors the continuation of the upward trend. In the short term, on the hourly chart, the continued rise of the US stock market has driven the price to break above the upper band with a large bullish candle, forming a short-term strong overbought condition. The price is testing support below 79k, showing a pattern of bullish engulfing with oscillation and a slow upward trend. From the overall recent market performance, it is still difficult to see a strong continuation at the current position. Therefore, after the overbought condition, we will continue to watch for a correction and retracement after the overbought state during midnight and early morning. Rebound opportunities for short-term high positions can be considered for layout.