The current Bitcoin has fallen back below 63,000, and Ethereum has also dropped below 1,680. The small rally to a high of 64,200 yesterday morning has yet to break through, and the current candlestick chart shows continuous downward closes, breaking below the 1-hour Bollinger middle band at 63,300. The pattern presents a typical structure of a pullback after a surge with stagnation, with the previous rally mainly a trap to repair the upward liquidity of the bears. The bullish momentum is clearly insufficient, and after facing resistance, selling pressure is concentrated and released. The short-term support level has moved down to 62,300. Once this level $BTC is broken, the downward space will be opened.