News: Bitcoin faces continued bearish pressure, with technical indicators suggesting a potential drop below $6,000. Market sentiment remains cautious, evidenced by a $5 billion decline in the overall crypto market cap and stalled recovery attempts. Regulatory developments, such as Square receiving a BitLicense, offer pockets of optimism for institutional adoption, while geopolitical uncertainties related to trade and currency movements add to market volatility. Mining operations in China remain resilient, providing underlying support for the network's infrastructure.

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

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "neutral", "price_direction": "down", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The emergence of blockchain ETFs provides a regulated and accessible avenue for institutional invest"}