Market Analysis 2026.02.11

979, 912 twice indicated that the rebound was over and a continued decline was expected, followed by BTC dropping to 60,000; 2.6 indicated an oversold rebound was about to begin, and subsequently BTC hit a 10,000-point rebound. Currently, the trend remains consistent with yesterday's outlook; the oversold rebound has not yet ended.

Last night, BTC tested the 677 level I mentioned; after holding for an hour, it rebounded by 2,000 points, which aligns with our expectations. Therefore, after the closing signal last night, I and community members took a short-term long position.

As shown in the chart, although BTC found support at 677 last night and formed a V-shaped rebound, the overall trend is still oscillating rather than having completed a correction and begun a rally. There are two possible scenarios:

Red: BTC may quickly complete a V-shaped correction after a false break below 672 this week, then move up in a wave similar to the 60,000-72,000 level, ending the entire rebound that started at 60,000.

Blue: The correction starting at 72,000 may take longer; after falling below 67,000, it will test the support zone shown in blue on the chart. Once the correction ends, a new upward wave will begin.