Looking at the daily chart of Bitcoin, the price experienced a rapid correction after three consecutive downward days, retracing to near the midline and testing the lower support. Currently, it has formed a small rebound with a slight bottoming out, and the overall daily chart pattern remains stable around the triangle range. The current upward trend structure is still stable, and the medium- to long-term outlook continues to favor the continuation of the upward trend. In the short term, on the hourly chart, the sustained 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, with the overall short-term pattern showing a bullish engulfing and gradual upward oscillation. From the recent market performance, it remains difficult to see a strong continuation at this 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 sessions. Rebound opportunities for shorting high points can be considered for layout.