News: The crypto market is experiencing a significant downturn, with Bitcoin plunging 11% and major stock indices also showing weakness. This is largely driven by macroeconomic fears, including rising US Treasury yields and the prospect of further Federal Reserve rate hikes. The lack of a decisive outcome in the Grayscale vs. SEC lawsuit adds to the uncertainty. Reports of SpaceX selling its Bitcoin holdings have exacerbated the bearish sentiment.

Market Probabilities: 
Bull 20% | Base 30% | Bear 50%

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "bearish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.55, "key_reason": "The significant weekly drop and lack of positive catalysts like the Grayscale ruling create a bearis"}