Early market rebound and rally, 1-hour Bollinger upper band around 62,400 further reinforces selling pressure above, forming a double strong resistance with the previous high of 64,250. The bulls lack the momentum to break through upward, and even if there is short-term sideways consolidation, the overhead selling pressure is heavy, making a continued rebound unlikely. The key support below is at 61,000; multiple tests have failed to hold, and once broken, a downward trend will begin.