News: Today's market sentiment is heavily influenced by the hotter-than-expected US CPI data, which surged to a 40-year high of 9.1%. This has led to a sharp decline in Bitcoin and other risk assets, with BTC briefly dipping below $19,000. The Federal Reserve's aggressive stance on inflation is a primary concern, pushing the Fear & Greed Index lower. However, there are signs of resilience from long-term holders, and institutional interest is still present with new funds being launched. Regulatory developments, like the confirmation of Michael Barr at the Fed, add to the uncertainty.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "Significant layoffs at a major exchange like Coinbase signal a contraction in the industry, indicati"}