February 12, 2026 Morning Analysis
Yesterday, the market initially fluctuated and then declined, briefly dropping to around 1900 during the session, followed by a slight rebound, closing near 1946. Overall, it remained weak and volatile, with the 2050 level still acting as a short-term strong resistance.
The news sentiment is generally bearish: U.S. non-farm payroll data exceeded expectations, pushing back market expectations for Fed rate cuts, strengthening the dollar and putting pressure on the crypto market; additionally, Ethereum's recent large gains led some funds to take profits, resulti
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