BTC is currently around $63,150. On the 15-minute chart, the rebound continues, with the price holding above MA5, MA10, and MA30. Short-term moving averages are showing a bullish divergence, volume is moderately increasing, and short-term buying pressure dominates. The intraday high reached $63,272. If this resistance is broken effectively, it could still challenge $63,500-$64,000.

From a fundamental perspective, although geopolitical factors continue to disturb market sentiment, institutional demand for crypto asset allocation still exists. Recently, ETF inflows have remained positive, providing support for BTC. In terms of sectors, AI, RWA, and other tracks remain active, market risk appetite is gradually recovering, and funds are expected to continue flowing to mainstream assets. The short-term outlook is range-bound with a bullish bias.