Today is February 20, 2026 This week’s market has been really exhausting. You think it’s about to break out, but the price just stops at the door. You think it’s about to pull back, but then it gets nudged up a little bit… The 71,000 line has been tested back and forth several times. Breaking above doesn’t feel like “it’s definitely going up,” more like “it’s teasing you on purpose.” The bulls don’t dare to chase, the bears don’t dare to press. And those sitting on the sidelines feel the worst—watching the show every day but never getting an answer. And today’s move hits even harder. BTC got pushed back down to around 67,255. Intraday high: 67,367; low: 65,683. The fantasy of breaking through was pulled back quite a bit. The macro environment isn’t helping either. The latest U.S. weekly initial jobless claims came in at 206,000, lower than expected. This means “rate cuts aren’t happening anytime soon.” As long as the leash of interest rates stays tight, risk assets will struggle to move forward. Crypto itself isn’t giving the bulls much confidence either. Bitcoin spot ETF saw a net outflow of about $133 million in a single day. When capital isn’t willing to step up, the price action tends to fall back into “tug-of-war” and “wearing down.” So the most frustrating thing this week isn’t the ups and downs. It’s the back-and-forth, the uncertainty, the endless feeling of being “so close but not quite there.” In this kind of market, the easiest thing to lose isn’t your judgment. It’s your patience and rhythm.