Bitcoin has recently continued to rebound strongly, with prices breaking the $100,000 mark by the end of 2024 and reaching new highs repeatedly, peaking at around $109,000 in early 2025. Current market sentiment is high, mainly driven by the continuous inflow of funds into Bitcoin ETFs, expectations of interest rate cuts by the Federal Reserve, and favorable U.S. policies. From a technical perspective, bullish momentum for Bitcoin remains evident in the short term, but indicators like RSI have entered the overbought zone, necessitating caution regarding high-level volatility and the risk of pullbacks. Short-term focus should be on the $107,000 resistance level and the $80,000 support range; if key resistance is broken, there is potential for further upward movement towards higher targets. Investors should closely monitor market trends, manage their positions wisely, and seize trading opportunities.