BTC is currently in a low position building a bottom, with technical indicators showing a tug-of-war between rebound signals and weak trends. The engulfing pattern and RSI being oversold create a strong bullish resonance, combined with the price operating outside the lower band of the Bollinger Bands, further strengthening short-term rebound potential. The extremely decreased trading volume confirms the exhaustion of downward momentum, providing strong support for stabilization near the key support level. However, the bearish arrangement of trend indicators and the suppression from the death cross have not diminished, and the overall trend still leans towards weakness, with the sustainability of the rebound likely limited.