Analysis of the overall market situation on January 5, 2026 The expected trend of the pancake is expected to rebound, but not a reversal. Don't think that just a few points up is a bull's return, what kind of knockoff season is coming. At the end of December, Long Ge said that in January, the pancake market would seek a high point and continue to decline. The A wave fell from 126000 US dollars to 80600 US dollars, and the B wave rebounded from 80600 US dollars, with an expected ultimate rebound to around 98000 US dollars. This is also the bull bear watershed of Fibonacci 0.382, followed by the C wave decline. The 4-hour level is on a short-term volatile upward trend, with the first pressure level around 94500. Currently, the monthly K is rebounding normally, do not FOMO. At the daily level, it is in a state of rebound suppression in the ant channel. Do not chase after the rise and be careful not to step back in the day after tomorrow. The current environment and incremental funds are insufficient to sustain the bull market in the cryptocurrency sector, and there is a high probability of a rebound. Recently, Venezuelan President Maduro was arrested and charged with four crimes. It's true that the law of the jungle prevails in this world! The Venezuelan military has declared a state of full readiness and war is imminent. This will lead to the continued bull run of gold for 26 years, and brothers who cannot make money in the cryptocurrency circle can temporarily switch tracks. It's not too late to come back when the cryptocurrency market is warm and the flowers are blooming! Analysis is only a friendly reference. Adults should take responsibility for their own decisions and invest with risks. Please do not take risks or impulsively think and judge independently.