BTC Market Analysis 2026.02.03 After BTC hit a low of 757 on February 1st, I mentioned in my video update on February 2nd that it’s very likely to test another low around 745 before starting a rebound. The subsequent market movement has confirmed this view. The first spike at the end of BTC’s trend is often a fake-out. After the drop to 757 on 2.1, the rebound lacked strength, so I believed there was a high probability of a second test at 745. Currently, BTC has rebounded 6.37% from 746. If it can maintain this momentum in the coming days, we might see a new high above 794. The 1-hour candlestick chart in Figure 2 shows the potential price range for the rebound’s endpoint. Hitting the red zone would indicate normal strength, while entering the blue zone would suggest a strong rebound. I’ll continue to adjust the major downtrend’s endpoint and timing based on the rebound’s strength and duration. After finding the rebound’s endpoint this week, BTC is expected to continue its downtrend. The possible future movement is shown in Figure 1: