Internet reports, according to The Block, analysts said that Bitcoin may set a new historical record, but prices may also undergo a correction in the short term. Vincent Liu, chief investment officer of Kronos Research, pointed out that Bitcoin is close to historical highs, is technically strong, and prices are above the 50th and 200th moving averages; institutional investor adoption rates are rising and the outlook for 2025 is optimistic, providing a path for it to hit new highs. However, the Bitcoin Relative Strength Index shows that it is in the "overbought" region. Rachael Lucas, an analyst at BTC Markets, believes that although this does not mean that prices will reverse immediately, there may be price adjustments or sideways consolidation in the short term; Bitcoin's backtesting and consolidation above the key psychological price of US$100,000 will be conducive to further gains. Min Jung, an analyst at Presto Research, said that the recent rise in the cryptocurrency market was driven by optimism about Sino-US trade negotiations, and there is a rotation phenomenon, with funds flowing into other cryptocurrencies. He also said that whether Bitcoin can break through the previous high depends on the progress of trade negotiations, and geopolitical tensions remain a key variable.