From a technical perspective, multiple timeframes show a bullish alignment of moving averages, the Bollinger Bands are widening and breaking upward, and momentum is strengthening. However, indicators like KDJ are also showing signs of being overbought, indicating that capital is flooding in, the short-term rally is strong, but the risk of chasing the market is increasing. Overall market sentiment is optimistic, with the "Fear and Greed Index" at 22. Most social discussions express bullish expectations, focusing on breaking through 71,000 and the continued inflow of ETF funds.