News: The crypto market remains under pressure, with Bitcoin trading flat while most altcoins experience declines. Significant layoffs at major Chinese crypto firms like Huobi and Bitmain signal industry contraction and negative sentiment. The Lightning Network shows strong growth, but this is not yet translating into price appreciation. Bitcoin is struggling to hold key support levels, and a general post-holiday downturn suggests continued bearish momentum in the short term. Long-term, institutional interest via Nasdaq futures and exchange funding offers a glimmer of optimism, but regulatory uncertainty and bearish commentary persist.

Market Probabilities: 
Bull 30% | Base 40% | Bear 30%

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "neutral", "price_direction": "down", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "The article points to a prolonged bear market driven by the unwinding of the 2017 speculative bubble"}