After the Christmas holiday, the enthusiasm on Wall Street has noticeably declined. The S&P 500 index repeatedly tests around 6930 points, remaining mostly flat, while the Nasdaq and Dow Jones also show no remarkable performance. Interestingly, the weekly performance was quite good—the S&P posted its best weekly gain in the past month, which is quite meaningful.

Although trading volume is sluggish, signals of economic resilience still seem to be present, at least investors' expectations for corporate earnings are not overly pessimistic. The overall big tech sector is somewhat weak, with most stocks pulling back, but Nvidia stands out as an anomaly—because it signed an licensing agreement with AI startup Groq, it actually experienced an upward trend.

This divergence actually reflects the market's re-pricing of different sectors. When subtle changes occur in traditional financial markets, the crypto market often resonates as well. For holders, observing these signals is still meaningful.