I don't know if the correction has already started but there's a major dumped happening, bitcoin dumped below $30,000 and it has bounce back a bit. However, I think the trend is already bearish, I am optimistic on the future of bitcoin but I can't deny the possibility of seeing a major correction, I think we will see a price as low as $10,000 this year.
I don't think there will be a serious drop in bitcoin price in the near future. If Bitcoin fell, it would happen quickly, in a short time. We see it falling and almost immediately some price recovery. Over the past two months, this has already happened several times and always bitcoin has restored its price positions and grew further.
Of course, a significant drop in prices in the cryptocurrency market this year is possible. However, I don't think the bear market will be long.