News: Bitcoin experienced a notable price drop to near $56,000, accompanied by low spot trading volume and bearish technical indicators, suggesting a short-term bearish trend. The large volume of liquidations ($1.7 billion) further indicates market volatility. However, positive long-term developments include the expansion of the Bitcoin Lightning Network and increased institutional interest, exemplified by Morgan Stanley offering Bitcoin funds. Regulatory news from India considering a ban introduces uncertainty, while the growing adoption of NFTs and expansion of crypto on-ramps like Coinme's Coinstar kiosks point to continued retail interest.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "Record institutional inflows into crypto funds, particularly for Bitcoin and Ethereum, demonstrate s"}