After BTC peaked, it started a pullback and adjustment. After dipping, it has stabilized slightly; funds are net outflow on a temporary basis. In the short term, bearish positions are concentrated and releasing. Although the MACD bearish histogram continues to expand, the RSI has already fallen to the low area of the oversold range, and there is a short-term technical rebound and correction repair demand. The overall market will trade with an upward oscillating structure around support at 62,600, with resistance at 64,400.