Cheng Jingsheng wishes everyone a Happy New Year: Happy Year of the Horse! Wishing everyone smooth investments, long-term account growth, and steady profits!
Yesterday’s market moved in a sideways consolidation. We operated within the range, making small profits on both longs and shorts. Overall, the market was stable, no chasing highs or panic selling, risk control was in place, and profits were secured.
During the Spring Festival holiday, market activity was relatively quiet, macro data was sparse, and funds mainly held a wait-and-see attitude. Short-term fluctuations were driven mainly by sentiment and capital battles. There were no major negative or positive news, so it’s best to view the market as consolidating.
In the evening, the market remains within a range. The support zone is at 65,000-66,000, with buy orders supporting a decline; the resistance zone is at 68,500-69,500, and rebounds to this level are likely to pull back. The daily chart shows no breakdown or volume surge, so the short-term trend is a back-and-forth grind. No chasing or holding onto positions blindly.
Tonight’s trading strategy: wait for a rebound to stabilize at 65,500-66,000, go long with a light position, stop-loss below 65,000, and target 67,500-68,500.
If the rebound stalls at 68,500-69,000, go short with a light position, stop-loss above 69,500, and target 66,000-67,000.
Trade with small positions, set proper stop-losses, avoid heavy leverage, and don’t be greedy—take profits when the market consolidates.
Tonight’s approach: buy low and sell high within the range, follow support and resistance levels, prioritize stability. Once again, I wish everyone a prosperous New Year, smooth trading, and steady profits!
The above is just personal advice, for reference only, not investment recommendations. Please follow Cheng Jingsheng’s strategic layout for actual trading!!$BTC #BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
February 19, 2026 Evening Analysis of the Market
Cheng Jingsheng wishes everyone a Happy New Year: Happy Year of the Horse! Wishing everyone smooth investments, long-term account growth, and steady profits!
Yesterday’s market moved in a sideways consolidation. We operated within the range, making small profits on both longs and shorts. Overall, the market was stable, no chasing highs or panic selling, risk control was in place, and profits were secured.
During the Spring Festival holiday, market activity was relatively quiet, macro data was sparse, and funds mainly held a wait-and-see attitude. Short-term fluctuations were driven mainly by sentiment and capital battles. There were no major negative or positive news, so it’s best to view the market as consolidating.
In the evening, the market remains within a range. The support zone is at 65,000-66,000, with buy orders supporting a decline; the resistance zone is at 68,500-69,500, and rebounds to this level are likely to pull back. The daily chart shows no breakdown or volume surge, so the short-term trend is a back-and-forth grind. No chasing or holding onto positions blindly.
Tonight’s trading strategy: wait for a rebound to stabilize at 65,500-66,000, go long with a light position, stop-loss below 65,000, and target 67,500-68,500.
If the rebound stalls at 68,500-69,000, go short with a light position, stop-loss above 69,500, and target 66,000-67,000.
Trade with small positions, set proper stop-losses, avoid heavy leverage, and don’t be greedy—take profits when the market consolidates.
Tonight’s approach: buy low and sell high within the range, follow support and resistance levels, prioritize stability. Once again, I wish everyone a prosperous New Year, smooth trading, and steady profits!
The above is just personal advice, for reference only, not investment recommendations. Please follow Cheng Jingsheng’s strategic layout for actual trading!!$BTC #BTC