The crypto market is showing a correction pattern today. Bitcoin has entered a consolidation phase, with risk aversion sentiment clearly rising, and funds becoming more cautious. Altcoins are collectively pulling back, disrupting the rebound rhythm, and short-term trading opportunities are limited. Liquidity fluctuations on exchanges are quite significant, making short-term trading even more challenging to grasp.

On the macro front, US stocks continue to fluctuate, while crude oil prices surge sharply, putting pressure on the entire risk asset sector, and digital assets are naturally not immune.

However, there are still bright spots in specific sectors. SOL has been particularly strong in the past two days, with obvious positive reactions to news — Morgan Stanley has submitted an application for a SOL ETF, and the market responded enthusiastically. On-chain Meme projects are beginning to warm up, showing signs of funds quietly flowing back.

The Chinese Meme sector is also showing signs of activity. The project "Binance Life" recently surged, with a clever name design that resonates with the founder’s new autobiography. Another Chinese Meme, "I’m Coming," soared significantly and has already been listed on the innovative board of a major exchange, attracting considerable short-term attention from funds.

The stablecoin sector is also active. USD1 under WLFI grew by about 25% in December, mainly driven by treasury incentive policies, along with cooperation with a major exchange’s wealth management products, with yields reaching around 20%, making it quite attractive.

On the other hand, ZEC (privacy coin) experienced a sharp decline, revealing internal team conflicts and governance issues, which shook market confidence.

Overall, the market is currently in a phase of adjustment and sector rotation, with the main trend still unclear, and event-driven factors outweighing technical analysis. In the short term, rhythm and risk control are the key.