It is difficult to accurately predict whether Bitcoin will find support below after the correction, influenced by various factors:

Support Factors

• Investor Demand: Some long-term bullish investors may buy in during price corrections, increasing demand and providing support for the price.

• Institutional Buying: Continuous purchases by countries and institutions indicate their recognition of Bitcoin's long-term value, which may stabilize the market to some extent and form support.

Pressure Factors

• Macroeconomic and Dollar Trends: U.S. economic data and a strong dollar may continue to put pressure on Bitcoin's price. If economic data continues to improve and the dollar remains strong, Bitcoin may face greater correction pressure.

• Regulatory Uncertainty: Changes in global regulatory policies still carry uncertainty, which may lead to panic selling in the market and hinder Bitcoin from finding support below.

Trump's inauguration next week may lead to the following changes in market sentiment:

• Increased Optimism: Trump has released expectations of a friendly policy towards virtual assets during his campaign, and the market generally believes that the future regulatory environment will tend to be more lenient, which may enhance investor confidence in Bitcoin and boost optimistic market sentiment.

• Rising Speculative Sentiment: Some investors may anticipate that Trump will introduce favorable policies after taking office, leading to more speculative behavior and increased market volatility.

Future trends of Bitcoin may exhibit the following characteristics:

• Increased Short-term Volatility: Under the influence of uncertain factors such as the macroeconomic environment and regulatory policies, Bitcoin's price may continue to experience significant fluctuations.

• Long-term Bullish Trend: Due to continuous buying by countries and institutions, Bitcoin's upward momentum remains optimistic in the long run. Some analysts believe that Bitcoin may break through the $150,000 mark in the future, or even reach the historical level of $200,000.