News: The market reacted positively to the Federal Reserve's 75 basis point rate hike, with Bitcoin and Ethereum seeing significant gains. Despite the U.S. economy contracting for a second consecutive quarter, signaling recessionary fears, the crypto market displayed resilience, possibly anticipating a slowdown in future rate hikes. Regulatory scrutiny from U.S. senators regarding Fidelity's 401(k) plans for Bitcoin introduced some bearish sentiment, while positive developments in Ethereum's 'The Merge' provided a bullish technical catalyst.

Market Probabilities: 
Bull 55% | Base 30% | Bear 15%

Recommendations: 
Short-term: BUY
Long-term: HOLD
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