The cryptocurrency market finds itself in a precarious position, characterized by potential recovery but hampered by limited volatility and liquidity. As U.S. holiday festivities come to an end, the possibility of bearishness emerging should not be overlooked. Bitcoin’s rebound attempts, however, offer a glimmer of hope. Despite a significant decline in mid-November, Bitcoin’s price has climbed back above $80,000, showcasing a genuine push rather than just a dead-cat bounce. This move is now testing the crucial $90,000 threshold. While technically valid, this recovery presents a multistep process. The market’s structure still leans bearish. 50-, 100- and 200-day EMAs remain below their recent peaks, requiring a sustained climb for bullish momentum to solidify. A break above $90,000 would mark a significant turning point, signifying a potential trend reversal.