News: The cryptocurrency market experienced a severe downturn on December 4th, with Bitcoin plunging by over 20% and liquidations reaching billions of dollars. This sharp decline was attributed to profit-taking and broader macroeconomic concerns, leading to a significant drop in Bitcoin's price below $42,000. Ethereum and other altcoins also saw substantial losses. The market sentiment has turned decidedly bearish in the short term, with technical breakdowns observed across major cryptocurrencies.

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

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "bearish", "price_direction": "down", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "The sharp decline in Bitcoin and other cryptocurrencies, coupled with significant liquidations, poin"}