News: Bitcoin experienced significant volatility, attempting to stabilize after a sharp sell-off driven by China's intensified crackdown on crypto mining and trading. While major cryptocurrencies showed signs of a relief rally, the market remains cautious due to ongoing regulatory concerns and macroeconomic factors like inflation data. Institutional sentiment is mixed, with some banks reiterating their conservative stance while others, like MicroStrategy, continue to advocate for Bitcoin adoption.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "PayPal's integration of crypto payments directly into its checkout process for millions of merchants"}