Daily Market Insight Feb 10: BTC Healthy Correction & Gold Resistance Test

Release Time: 10:00, February 10, 2026 Issuer: Mr. Loki

MARKET OVERVIEW

1. Stock Market:

Vietnam Market: The market's recovery attempt failed, leading to a slight retreat. Decreasing liquidity suggests selling pressure has cooled, but support cash flow remains cautious. Losing the MA(50) and moving further away from the 1,800-point mark indicates downside risks persist. The next notable support is around 1,725 points (MA100), where a technical rebound might occur.

US Market: Wall Street traded sideways with a slight correction. The S&P 500 fell ~0.2% to ~6,930, the Dow Jones dropped ~0.1% to ~49,300, while the Nasdaq Composite remained flat at ~23,600. Investors are waiting for macro signals, specifically inflation data and monetary policy direction.

2. Foreign Exchange:

USD/CHF: Primary trend is Bearish. Resistance: 0.77400 | Support: 0.76300. Consider Short positions if the price breaks below the daily support.

AUD/USD: Primary trend is Bullish. Resistance: 0.71000 | Support: 0.70200. Consider Long positions if the price breaks above the daily resistance.

3. Gold:

Performance: After a strong recovery from the bottom, Gold failed to break out above the previous peak near $5,080. It is currently retracing to $5,042.

Structure: The trend ribbon is "twisting" (moving sideways), indicating a lack of direction. Despite buying efforts, profit-taking pressure at $5,080 remains significant.

4. Oil (XTI/USD):

Primary trend is Sideways. Resistance: 65.00 | Support: 62.70. Consider Short positions if the price breaks below the daily support.

5. Bitcoin:

Performance: An impressive recovery from $62k to $71k. However, BTC hit a "resistance wall" at $71k and is currently correcting to $70,117.

Structure: Despite the dip, the H1 structure remains Bullish (Green Ribbon pointing up). This is considered a "Healthy Correction" as the price retests the support ribbon.

RECOMMENDATION

USOIL: Buy at 63.5 | Stop Loss: 62.4 | Take Profit: 66.0

KEY EVENTS TODAY (8:30 PM):

Core Retail Sales m/m: Exp: 0.3% | Prev: 0.5%

Retail Sales m/m: Exp: 0.4% | Prev: 0.6%

Employment Cost Index q/q: Exp: 0.8% | Prev: 0.8%

DISCLAIMER:

  • The above commentary represents only the personal views of analyst Loki from Lotus and should not be used as a basis for actual market participation.

  • Lotus provides only technical analysis and trading education for students.

  • Lotus does not represent any securities company or asset management firm.

  • Lotus does not accept or manage funds from students.