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20.01.2026 03:15 PM
Trading tips for crypto market on January 20 (North American session)

Bitcoin is still suffering, recovering only slightly to around $91,000. Ethereum also looks quite weak, remaining below $3,100.

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Meanwhile, the crypto market Fear & Greed Index plunged 12 points in 24 hours — down to 32 — indicating fear among market participants. That could drag the crypto market even lower. The drop in the index signals a significant shift in investor sentiment, which now appears more cautious and prone to taking profits after recent events and statements by Trump. Previously, in a greedier environment, the market often ignored fundamental risks, giving in to euphoria and hopes for further gains. Now, with fear prevailing, even minor negative news can trigger a wave of selling and worsen the downtrend.

However, it is worth noting that institutional investors and whales continue to accumulate bitcoin on their balances. Over the past year, their combined holdings have increased by 577,000 BTC. Although this does not affect the market in the short term, any major drawdown will likely be bought by these participants.

As for my intraday strategy in the crypto market, I will continue to act based on any large pullbacks in Bitcoin and Ether, betting on the continuation of the medium?term bull market, which is still intact.

Bitcoin

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Buy scenario

Scenario 1: I will buy Bitcoin today if an entry point around $91,700 is reached, targeting a rise to $92,800. Around $92,800, I will exit long positions and sell immediately on the rebound. Before buying a breakout, make sure the 50?day moving average is below the current price and the Awesome Oscillator is above zero.

Scenario 2: Bitcoin can be bought from the lower border at $90,600 if there is no market reaction to its breakout in the opposite direction, targeting $91,700 and $92,800.

Sell scenario

Scenario 1: I will sell Bitcoin today if an entry point around $90,600 is reached, targeting a fall to $89,200. Around $89,200, I will exit short positions and buy immediately on the dip. Before selling a breakout, make sure the 50?day moving average is above the current price and the Awesome Oscillator is below zero.

Scenario 2: Bitcoin can be sold from the upper border at $91,600 if there is no market reaction to its breakout in the opposite direction, targeting $90,600 and $89,200.

Ethereum

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Buy scenario

Scenario 1: I will buy Ethereum today if an entry point around $3,113 is reached, targeting a rise to $3,162. Around $3,162 I will exit buy positions and sell immediately on the rebound. Before buying a breakout, make sure the 50?day moving average is below the current price and the Awesome Oscillator is above zero.

Scenario 2: Ethereum can be bought from the lower border at $3,078 if there is no market reaction to its breakout in the opposite direction, targeting $3,113 and $3,162.

Sell scenario

Scenario 1: I will sell Ethereum today if an entry point around $3,078 is reached, targeting a fall to $3,034. Around $3,034 I will exit short positions and buy immediately on the dip. Before selling a breakout, make sure the 50?day moving average is above the current price and the Awesome Oscillator is below zero.

Scenario 2: Ether can be sold from the upper border at $3,113 if there is no market reaction to its breakout in the opposite direction, targeting $3,078 and $3,034.

Miroslaw Bawulski,
Analytical expert of InstaTrade
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