Bitcoin's current 15-minute chart shows the current quote around 61,894. During the day, there was a surge higher, reaching a high of 62,942, then quickly falling back, with the lowest at 61,509. It is now in a phase of corrective rebound. It can be seen that the rebound momentum is relatively weak; this wave of rebound did not break through the previous high of 62,730, nor did it surpass the middle band of the Bollinger Bands at 62,130. The resistance in the range of 62,800-62,950 is still evident, and the upward movement lacks volume support. In the short term, the bullish momentum has clearly weakened, and there is a need for technical correction. The Bollinger Bands middle band resistance is apparent, and the current price is just around the middle band, testing multiple times without stabilizing, indicating that the bulls' support at this level is insufficient, and the bears' selling pressure still dominates. Overall, this rebound looks more like a correction within a downtrend, not changing the overall retracement rhythm. Future focus should be on whether the price can break through the 62,800 level above, and the support strength at 61,500 below. Bitcoin: around 62,300, target 60,500 Ethereum: around 1,650, target 1,550