News: The cryptocurrency market is experiencing a severe downturn, with Bitcoin plunging below $4,000 and breaking key support levels. Sentiment is overwhelmingly bearish, driven by regulatory concerns, delayed institutional products like Bakkt futures, and reports of declining adoption. Technical indicators point to further downside, with many analysts predicting a continued crypto crash.

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 continued price bleed and failure to find a stable bottom indicate strong selling pressure. The "}