Ethereum Market Analysis Reference on January 5, 2025:

Based on yesterday's market analysis, Ethereum completely followed the strategy and market conditions, with one long position suggesting effectiveness and two short positions suggesting effectiveness. If profits were held, at least 150 points could be secured.

For learning and communication purposes only, not constituting investment advice.

- Specific Analysis:

- 1-Hour Level: If Ethereum retraces without breaking 3600, observe the MACD indicator; if the MACD histogram is above the 0 axis and gradually lengthening, the DIFF line is above the DEA line and showing an upward divergence trend, while the KDJ indicator's K and D values are above 50 and the J value is greater than both K and D values, indicating an upward trend, then bullish momentum is strong, and the possibility of a turbulent upward movement is greater; if it breaks 3600, pay attention to the 3580-3570 support zone. If in this area the MACD histogram changes from green to red, the DIFF line shows signs of crossing above the DEA line, and the KDJ indicator forms a golden cross in the oversold zone with J starting to rise, it indicates that bearish momentum is weakening and bulls are beginning to counterattack, possibly stabilizing and rebounding to around 3600; if the MACD histogram continues to be green and keeps lengthening, the DIFF line moves away from the DEA line downward, and the KDJ indicator fails to form an effective golden cross in the oversold zone or J continues downward, then attention should be paid to the 1-hour level's continued bearish retracement.

- 4-Hour Level: If Ethereum falls below 3670, check the support situation around 3515-3510. If the MACD indicator is below the 0 axis but the histogram begins to shorten, the DIFF line shows a tendency to flatten or turn up, while the KDJ indicator's K and D values are below 20 and show signs of rising with J crossing above K and D, then support may be gained here, providing an opportunity for a short-term rebound; if the MACD histogram continues to expand and the DIFF line continues to move downward away from the DEA line, and the KDJ indicator's K and D values are at high levels with J crossing down below K and D, if the entity breaks at 3515, the likelihood of a bearish retracement at the 4-hour level increases.

- Overall Daily Market: When focusing on resistance levels 3640-3650, 3675-3685, 3713-3720 and support levels 3540-3460-3435, when the price approaches the resistance level, if the MACD histogram is above the 0 axis but growth is weak or even begins to shorten, it presents an opportunity. Conversely, the same logic applies.