February 12, 2026, Morning Analysis of the Market

Yesterday, the market initially declined sharply before a slight rebound, with intense fluctuations throughout the day and overall weak volatility. The news sentiment is somewhat bearish: strong US non-farm payroll data delayed expectations of Federal Reserve rate cuts, leading to a stronger dollar that suppresses risk assets; combined with institutional ETF outflows and market leverage liquidations, negative factors were released in bulk. However, prices found solid support below 65,000 with clear buy orders, preventing extreme crashes.

From a technical perspective, the daily chart shows a correction trend, with short-term support at 65,000-65,500. Breaking below this could lead to further declines toward 64,000. Resistance is at 67,000-68,000, with a clear resistance during rebounds. Indicators are bearish, and no reversal signals have appeared yet, so expect sideways and weak movements.

Morning Trading Suggestions: For dips to 65,000-65,500, establish light long positions with stops below 64,500, targeting 66,500-67,500; for rebounds to 67,500-68,000, consider light short positions with stops above 68,500, targeting 66,000-65,000.

The market is highly volatile. Be sure to strictly control position sizes, set stop-losses properly, avoid holding onto positions too long or chasing trades, and trade within a range with caution.

The above is only personal advice for reference and does not constitute investment recommendations. Please follow Cheng Jingsheng Shi Pan's layout for specific strategies!$BTC ‌$BTC ‌#BTC