News: The cryptocurrency market experienced a significant downturn over the weekend, with Bitcoin falling below $9,600 and the total market cap dropping by over $30 billion. This broad sell-off indicates strong bearish sentiment. While Bitcoin found temporary support near $9,600, it failed to break key resistance levels, suggesting continued volatility. Developments in institutional adoption, like Grayscale's SEC registration, offer long-term bullish potential, but immediate price action is dominated by macro-economic concerns and market-wide selling pressure.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "Becoming an SEC reporting company enhances the legitimacy and accessibility of Bitcoin investment ve"}