News: The crypto market remains under significant pressure, with Bitcoin experiencing a sharp 10% decline, hitting a 13-month low. The ongoing Bitcoin Cash hard fork and its fallout, including issues with derivatives on OKEx, continue to inject volatility. Regulatory concerns are also surfacing, with reports of the DOJ investigating Tether and market manipulation. While some analysts predict a potential bottom around $3,000, the immediate outlook remains bearish, with miners facing unprofitability. However, forward-looking statements about potential ETF approvals in 2019 offer a glimmer of long-term optimism.

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

Recommendations: 
Short-term: SELL
Long-term: HOLD
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