News: The crypto market is experiencing a significant downturn, with Bitcoin hitting its lowest point of 2022 and approaching multi-month lows. This is driven by broader macroeconomic concerns, including aggressive Federal Reserve tightening, leading to a risk-off sentiment across global markets. Institutional selling is also reported, exacerbating the downward pressure. The instability of Terra's UST stablecoin adds to the negative sentiment, potentially triggering contagion effects.

Market Probabilities: 
Bull 10% | Base 30% | Bear 60%

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "bearish", "price_direction": "down", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.725, "key_reason": "The sharp decline in Bitcoin's price to a 2022 low, coupled with a broader market collapse, indicate"}