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January 5 Noon Strategy: Bitcoin + Ethereum
In the morning, Bitcoin broke through the 90,000 level and continued to perform strongly. The daily chart formed a small consecutive bullish candlestick and confirmed a golden cross of the moving averages, indicating a bullish trend. However, signs of overbought conditions appeared on the short-term cycle, resonating with a top divergence, which suddenly increased the pressure for a short-term pullback.
Bitcoin Noon Trading Strategy:
- Entry Range: 94,000-94,500 (scale into short positions)
- Stop Loss: 95,200 (key resistance at the upper edge of the daily chart)
- Target: around 91,000
Ethereum Noon Trading Strategy:
- Entry Range: 3,230-3,250 (scale into short positions)
- Stop Loss: 3,280 (recent rebound high resistance)
- Target: around 3,120