Analysis for January 5, 2025:

Bitcoin

The current price of Bitcoin is 97800, fluctuating within the range of 97000 to 99000, forming a oscillating consolidation pattern. There was a rapid increase in the early stage, but then it entered a high-level consolidation. The MACD histogram of the technical indicator shows a weakening of bullish strength, indicating a possible pullback. The relative strength index (RSI) has not entered the overbought zone, but there is a risk of a pullback. The trend indicator EMA shows a bullish alignment in the short and medium term, indicating that the long-term trend is still upward.
Today's reference point: Long at 96500, defend at 95500, stop loss at 95000, target at 98500;
Short at 98500, defend at 99500, stop loss at 100000, target at 96500.

Ethereum

The current price of Ethereum is 3630, and the K-line pattern on the market shows an upward trend, with consecutive bullish candles. After forming support near 3350 in the previous period, it quickly rebounded above 3600. The MACD histogram, a technical indicator, is positive, indicating that it is currently in a strong upward phase. The relative strength index (RSI) has not entered the extreme overbought state, indicating that there is still some room for further upward movement. The trend indicator EMA is short-term higher than the medium-term and both are higher than the long-term, showing a clear bullish arrangement.
Short-term strategy reference: Long at 3550, defend at 3500, stop loss at 3450, target at 3750;
Short at 3700, defend at 3750, stop loss at 3800, target 3550.

It should be noted that the above content is for reference only. The cryptocurrency market is highly uncertain and risky. Investment decisions should be made with caution.