News: Today's market sentiment is heavily influenced by macroeconomic factors, particularly the Federal Reserve's aggressive 50 basis point rate hike aimed at curbing inflation. This has led to a sharp sell-off in both stocks and cryptocurrencies, erasing recent gains and highlighting the strong correlation between risk assets. Regulatory developments, such as California's executive order on crypto and the SEC's approval of another Bitcoin futures ETF, offer some long-term bullish potential, but are overshadowed by immediate macro pressures. The Luna Foundation Guard's significant Bitcoin acquisition provides a counter-narrative of institutional buying, though its impact is currently muted by the broader risk-off sentiment.

Market Probabilities: 
Bull 30% | Base 40% | Bear 30%

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The strong demand from financial advisors for a spot Bitcoin ETF highlights a significant unmet need"}