Based on multi-timeframe technical signals, BTC is currently experiencing a strong rally with ample rebound momentum. It has already broken above the upper Bollinger Band in the short term, and the moving averages are in a clear bullish alignment, indicating that the main trend remains bullish. However, it is important to note that both RSI and KDJ are showing overbought signals, and the price is approaching the short-term resistance zone. Additionally, trading volume is decreasing, forming a "rising price with shrinking volume" pattern, which suggests increasing difficulty in sustained upward movement. Short-term funds may also become divided. Furthermore, although the overall sentiment is somewhat panic-driven, it reminds us not to become overly emotional and chase the rally blindly.