Since the October 2025 crash, the cryptocurrency market has struggled to maintain momentum, with Bitcoin falling from $97,000 to $90,000. Key warning signs include a surge in precious metals like gold and silver, geopolitical tensions such as the US-Greenland dispute, and ongoing macroeconomic uncertainties dampening demand for crypto assets. However, the Federal Reserve's planned $55 billion liquidity injection starting January 20 may trigger a bullish rally, potentially offsetting a prolonged crypto winter.