Yesterday, Bitcoin was generally in a low-range, weak consolidation, with the price consistently trading within the 61,000-62,000 range, showing weak support and resistance. It is in a phase of volume contraction after a sharp decline. The previous low point support was around 61,150, and multiple dips did not break below the 61,000 integer level. The downward pressure below has temporarily eased, but upward momentum is clearly insufficient. Ethereum's overall trend is highly synchronized with Bitcoin, also in a volume-contracted phase after a sharp decline, with prices fluctuating narrowly between 1,600 and 1,640. Support is weak, and the upward push is lacking, with the previous low support near 1,600. After multiple dips, it stabilized around 1,601, laying the groundwork for today's rebound. This morning, Bitcoin experienced an unexpectedly violent surge, breaking the yesterday's consolidation pattern. It is a typical low-level rapid shakeout + capital rush scenario. The price quickly started from around 61,000 and surged straight up within just half an hour, reaching a high of 64,250, setting a recent rebound high. It then quickly retreated, with the current price oscillating around 62,953 and trading volume significantly increasing. It can be seen that the Bollinger Bands' price quickly rebounded from near the lower band, directly breaking through the middle band at 61,959 and touching above the upper band at 63,053. It then pulled back to near the upper band, indicating short-term bullish momentum explosion, but there is selling pressure at the upper band. The surge was accompanied by massive trading volume, indicating active capital entry driven by funds, not retail follow-up trades. This suggests that funds are accumulating at low levels and initiating a rebound. Short-term bullish sentiment is dominant, but the market has entered an overbought zone, with a risk of a pullback. It is not suitable to chase the high. Watch whether it can hold above 63,000; during a pullback, it must not fall below 62,000. Only if these two conditions are met can the rebound continue. If support is broken, there is a high probability of returning to sideways trading or even a second bottom. Monday morning trading plan: Bitcoin: around 63,500, target: 62,000 Ethereum: around 1,710, target: 1,600