Market Analysis 2026.02.12

Friends who missed the short at 97,900, anyone who has watched my January 25 video or read my January 29 post can also catch the 30,000-point plunge from 91,200 to 60,000! No hindsight bias, just real trading! New friends, check the post timestamp to know.

On February 6, after BTC closed above 60,000, I said there would be a wave of oversold rebound, and BTC then rebounded from 60,000 to 72,200. The decline starting from 72,200 until now, I believe, is a correction. After the correction ends, there will be a rise at the same level as the black line shown in the chart.

There are two possibilities for this BTC correction:

Red: The upcoming correction will form a converging pattern, and if it does not break below the 657 level, the correction will complete and an upward move will begin.

Blue: BTC will end its consolidation in the next two days and start accelerating downward. After finding support in the blue zone shown in the chart, the correction will end and an upward move will begin.

Before hitting a new low, I do not see BTC entering a new downtrend. After this ongoing correction ends, there will be a wave of upward movement at the same level as 60,000 to 72,200. After completing the oversold rebound, BTC will continue to decline.