News: The cryptocurrency market is experiencing a significant downturn today, primarily driven by the SEC's postponement of the VanEck-SolidX Bitcoin ETF decision. This has led to a broad market sell-off, with Bitcoin and other major cryptocurrencies hitting multi-month lows. Adding to the bearish sentiment, a BIS research chief criticized Bitcoin's currency status, while academic concerns about mining's environmental impact could signal future regulatory headwinds. On a slightly positive note, developments like solar-powered mining farms and increased institutional trading activity continue, but these are overshadowed by the immediate regulatory uncertainty.

Market Probabilities: 
Bull 20% | Base 30% | 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 SEC's postponement of the Bitcoin ETF decision is a significant bearish catalyst, directly impac"}