News: The crypto market remains under significant pressure, with Bitcoin extending its losses and falling below key support levels. Macroeconomic concerns, particularly high inflation and the anticipation of further Federal Reserve rate hikes, are the dominant drivers. The Celsius network halting withdrawals adds to liquidity fears and contagion concerns within the DeFi space, exacerbating the bearish sentiment across the board. Despite some positive long-term adoption signals like institutional interest in ETFs and municipal mining initiatives, the short-term outlook is overwhelmingly bearish due to these macro and liquidity headwinds.

Market Probabilities: 
Bull 10% | Base 30% | Bear 60%

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "bearish", "price_direction": "down", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "The halt in withdrawals by a major platform like Celsius signals severe liquidity issues and potenti"}