Bitcoin faces price fluctuations again on Christmas Eve, with market sentiment plummeting from optimism in early December. However, The Block's CEO believes this is a healthy correction. (Background: The U.S. government shutdown crisis has been resolved! Biden signs 'temporary spending bill', Trump calls for raising the debt ceiling but fails) (Additional context: The U.S. Senate passes a '1.7 trillion dollar spending bill' to prevent government shutdown; Musk mocks the large amounts not aligning with people's interests) Bitcoin again fell into fluctuations on Christmas Eve, with market sentiment quickly turning from optimism in early December to pessimism. Yesterday evening, it rebounded to 96,500 dollars before dropping again, reaching a low of 92,525 dollars around four o'clock this morning. At the time of writing, BTC rebounded to the 94,000 dollar level, still within a downward channel. However, The Block's CEO Larry Cermak stated that users do not need to panic excessively; the correction is to prepare for a rise. Past bull markets have often been accompanied by at least three significant corrections of over 20%, and these corrections not only help to de-leverage excessive positions but also accumulate more momentum for the next wave of market rise. Bitcoin spot ETF continues to see outflows, but the amount is decreasing. In terms of the funding data for Bitcoin spot ETFs, there have been continuous outflows over the past three days, but the amounts have not continued to increase. As Western countries are about to enter the Christmas holiday, it remains to be seen whether the situation will stabilize and flow back in. Related reports: The U.S. government shutdown crisis has been resolved! Biden signs 'temporary spending bill', Trump calls for raising the debt ceiling but fails. The U.S. Senate passes a '1.7 trillion dollar spending bill' to prevent government shutdown; Musk mocks the large amounts not aligning with people's interests. After the SBF scandal, The Block's research vice president Larry Cermak was promoted to CEO, allegedly cutting a third of the workforce. 'The Block CEO: Bull markets often experience 1 to 3 20% corrections, de-leveraging can accumulate more upward momentum.' This article was originally published by BlockTempo (BlockTempo - the most influential blockchain news media).