News: The crypto market remains subdued on Black Friday, with Bitcoin trading sideways around $16.5K. Binance's launch of a proof-of-reserves system is a positive step for transparency, potentially boosting confidence. However, negative news regarding DCG's debt and Binance delisting Serum pairs are creating bearish pressure. Altcoins like Dogecoin are seeing short-term pumps, while Ether shows resilience ahead of its Shanghai upgrade. Overall sentiment remains cautious, with ongoing concerns about exchange solvency and contagion from the FTX fallout.

Market Probabilities: 
Bull 35% | Base 40% | Bear 25%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The entry of a major custodian bank like BNY Mellon into crypto custody provides a significant boost"}