According to news from CoinWorld and reports from Decrypt, Bitcoin is facing downward pressure in the short term due to macroeconomic changes and market sentiment. Despite breaking the historical high of $108,000 last December, Bitcoin is currently correcting due to a stronger dollar, increased volatility, and cautious trader attitudes. Joe McCann, founder and CEO of Asymmetric, stated that market signals such as the Federal Reserve's hawkish press conference on December 18 and the significant rise in the Volatility Index (VIX) have increased the probability of short-term downward movement. He believes that while the short-term outlook is bearish, the long-term perspective remains bullish. Additionally, the unexpected strength of the Dollar Index (DXY) has become a focal point. After the Federal Reserve cut rates by 25 basis points, the DXY broke through long-standing resistance levels, reflecting global liquidity constraints and market dynamics of safe-haven demand. The Singaporean crypto trading firm QCP Capital noted in a report to investors that although favorable regulatory narratives support the spot market, the market environment at the beginning of January may be unstable due to structural risks such as the debt ceiling issue, which could trigger market volatility. Analysts believe that Bitcoin's performance will continue to be closely related to Federal Reserve policies and dollar performance. Short-term adjustments provide investors with buying opportunities on dips, but market volatility may pose challenges for investors.