News: The crypto market is experiencing a significant downturn, with Bitcoin dropping below $9,000 and the total market cap shedding $40 billion. This broad sell-off is attributed to global market instability, challenging Bitcoin's safe-haven status. While there's a minor corrective bounce in Bitcoin, key resistance levels remain a hurdle. Miners are preparing for the halving with new hardware, and geopolitical tensions are subtly increasing interest in crypto as an alternative. However, the overwhelming short-term sentiment is bearish due to the correlated market crash.

Market Probabilities: 
Bull 20% | Base 30% | Bear 50%

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "bearish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.55, "key_reason": "A broad market sell-off impacting the entire crypto space by $40 billion indicates strong bearish se"}