Bitcoin experienced a pullback below $90,000 but is now showing signs of recovery, trading at a key resistance zone. The current market sentiment is cautiously optimistic, with a potential for Bitcoin to retest previous highs if it can break through the resistance at $90,500. However, a break below $86,000 could signal a more significant correction. Other altcoins like Ethereum are also showing strength, but BTC's dominance will likely dictate overall market movements. Macroeconomic data regarding US inflation and job market perceptions are being closely watched and could influence the Fed's next monetary policy decision, potentially impacting crypto markets.