BTC Market Analysis 2026.02.11 979 and 912 were two points where I mentioned the rebound was over and a further drop was expected. After that, BTC fell to 60K. On 2.6, I pointed out that an oversold rebound was about to begin, and BTC then saw a 10K-point rebound. For now, the idea from yesterday remains unchanged—the oversold rebound is not over yet. Last night, BTC tested the 677 level I mentioned and bounced back 2,000 points within an hour without breaking it. This was in line with our expectations, so after the wick closed last night, I went for a short-term long with the community. As shown in the chart, although BTC found support at 677 last night and made a V-shaped rebound, it is still in a consolidation phase rather than having completed its correction and started a new uptrend. Moving forward, there are two possible scenarios: Red: BTC might fake a break below the 672 level this week, quickly recover with a V-shaped rebound, and end the correction. After that, it could start a rally of the same magnitude as the 60K-72K move, marking the end of the entire rebound from 60K. Blue: The correction from 72K could take longer. If it breaks below 67, it might test the blue support zone shown in the chart. Once the correction finds its bottom, the next upward move will still begin.