$BTC 📊 TECHNICAL BRIEF — FEB 10, 2026
Market Status: Volatility Squeeze / Decision Zone
Bitcoin (
$BTC ) is currently trading in a high-stakes compression zone after the recent retracement from $90K to the $70K support level. The market is now looking for a catalyst to define the next mid-term trend.
🔍 TECHNICAL BREAKDOWN
1. Price Action & Moving Averages (EMA)
* Current Trend: BTC is battling to reclaim the EMA 20/50 cluster on the 4H chart.
* Key Pivot: The price is hovering around $70,800. Staying above the EMA 200 is critical to prevent a slide toward the $58,900 macro support zone.
* Sentiment: Neutral with a slight bearish lean due to lower highs on the Daily timeframe.
2. Momentum (RSI)
* RSI: Currently at 48.5.
* Insight: We are in a "recharging" phase. The lack of overbought conditions suggests that if a breakout occurs, there is plenty of room for a sustained move.
3. Liquidity & Order Flow
* Sell-Side: Massive liquidity clusters are sitting below $67,000. Watch for a "stop-hunt" wick before any potential recovery.
* Buy-Side: A breakout above $73,750 would likely trigger a cascade of short-liquidations, targeting the $79,000 resistance.
🎯 STRATEGY & LEVELS TO WATCH
| POSITION | TRIGGER CONDITION | TARGET (TP) | STOP LOSS (SL) |
|---|---|---|---|
| 🟢 LONG | Daily Close > $73,750 | $79,000 / $86,000 | Below $70,100 |
| 🔴 SHORT | Break below $69,000 | $66,000 / $58,900 | Above $71,500 |
🧠 FINAL TAKE
The market has reset significantly, with leverage dropping by 30% today.
A healthy deleveraging phase?
#BTC #Crypto2026 #TechnicalAnalysis #writetoearn #WhaleDeRiskETH