Short Term Bearish, Long Term Bullish
I even don't think that it will be a short term bearish. I think it's just a matter of time the markets opening up again and most probably from the 6th or 7th we will against start to see the money injecting into bitcoin and we will again see another all time high.
Also the macro is extremely positive and with trump to take the oath on the 20th and then declaring bitcoin as a strategic reserve and all other macroeconomics indicating a very bullish 2025.