📊 2026-02-15 BTC Technical Analysis (As of 07:59)

Current Price: Approximately 69,500 USDT (Short-term rebound)

1. Short-term (1–4 hours)

- Trend: Strong rebound, supported by the upward movement of the Bollinger middle band, more bullish candles than bearish
- Support: 68,800 → 68,300 → 67,800 levels of support
- Resistance: 70,000 → 71,000 → 72,500 (Fibonacci 61.8%)
- Indicators: RSI rebounds to 45–50, exiting oversold; MACD green cross below zero line, rebound momentum strengthens

2. Daily Chart Level

- Trend: Still in a bearish structure, price below 50-day/200-day moving averages
- Oversold Signal: RSI once touched 15 (historical extreme), strong rebound demand
- Selling Pressure: MACD green bars narrow but remain below zero, mid-term bearish trend unchanged
- Key Support: 65,000 (strong) → 60,000 (200-week moving average)

3. Key Price Levels (Intraday)

- Long Entry: Buy near 68,800, add on dips at 68,300, stop loss at 67,500, target 70,000
- Short Entry: Light short positions around 70,000–71,000, stop loss at 72,000, target 68,500
- Breakout Risk: Falling below 67,800 may trigger a pullback; only if above 72,500 can the mid-term structure potentially reverse

4. Macro and Capital Flow (Impact on Technicals)

- Fed rate cut expectations delayed to July, dollar remains strong, suppressing risk assets
- Upward short positions cleared approximately $5.45 billion, rebounds may trigger short covering
- Since February, a 14.4% decline, one of the weakest Februarys since 2014

5. Trading Strategy (Intraday)

- Focus on oscillation and rebound, mainly long on dips, short on rallies
- Strict position control, set stop losses, avoid chasing highs