February 12, 2026 BTC Technical Analysis and Strategy

1. Current Market Situation (February 12, 12:15)

- Price: Around $67,800 (24h decline of approximately 3.5%)
- Structure: Daily bearish trend, 4-hour weak consolidation, hourly oversold correction
- Correlation: Leading decline in the crypto market, selling pressure dominates, funds continue to flow out

2. Key Support/Resistance (Precise Levels)

- Resistance (Short Position Zone)
- First Resistance: 68,500–69,000 (Strong intraday resistance)
- Second Resistance: 70,000–70,500 (Medium-term strong resistance)
- Stop-loss reference: Above 70,800
- Support (Long Position Zone)
- First Support: 66,500–67,000 (Intraday defense / dense buying)
- Second Support: 64,000–64,500 (Strong support / previous lows)
- Stop-loss reference: Below 66,000

3. Technical Indicators (Core Signals)

- Moving Averages: 5/10/20 in a bearish alignment, price under short-term moving averages
- MACD: Below zero line, negative values expanding, bearish momentum persists
- RSI: 30–35 range, oversold but no strong divergence, rebound momentum weak
- Volume: Decreasing volume on downward move, no volume on rebound, insufficient buying
- Capital Flow: CVD negative, net capital outflow, bearish dominance

4. Intraday Strategy (February 12)

- Main Strategy: Focus on shorting rebounds, small long positions for quick entries and exits
- Short (Priority)
- Entry: 68,500–69,000 under resistance
- Targets: 67,000 → 66,500 → 64,500
- Stop-loss: Above 70,000
- Long (Only oversold short-term longs)
- Entry: 66,500–67,000 with stabilization
- Targets: 68,500–69,000
- Stop-loss: Below 66,000
- Risk Management: Position size ≤10%, strict stop-loss, no holding through losses

5. Key Observations

- Break below 66,500 → opens downside space, target 64,000–64,500
- Hold above 70,000 → rebound continues, test 70,500
- Watch tonight’s 21:30 US Initial Jobless Claims data impact