News: The cryptocurrency market experienced a significant downturn today, with Bitcoin plummeting by over 25% to around $10,200, driven by escalating fears of regulatory crackdowns in South Korea and China. Major altcoins like Ethereum and Ripple also saw substantial losses, with the overall market capitalization shedding billions. Bitcoin futures also dropped sharply, reflecting the widespread bearish sentiment. Despite the broad sell-off, some minor altcoins showed resilience, but the dominant narrative is one of significant price correction and regulatory uncertainty.

Market Probabilities: 
Bull 15% | Base 35% | Bear 50%

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "bearish", "price_direction": "down", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.6, "key_reason": "The dramatic intraday price drop of $1,000 in just one hour underscores the extreme short-term volat"}