News: The crypto market is showing signs of recovery today, with a $6 billion surge in total market cap and strong performance from altcoins like Litecoin and Binance Coin. Bitcoin has managed to retake key support levels around $3,700, with analysts suggesting a potential move towards $4,000 if these levels hold. Institutional interest remains a key theme, with news of Kraken's increased futures volume and BlockFi launching interest-bearing accounts. However, some analysts remain cautious, noting that the bear market may not be over, with potential for Bitcoin to retest yearly lows.

Market Probabilities: 
Bull 55% | Base 35% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.6000000000000001, "key_reason": "Lower VC valuations can lead to reduced investment in the crypto ecosystem, potentially slowing down"}