News: The crypto market is experiencing a broad downturn, with Bitcoin falling below $3,400 and major altcoins following suit. Negative sentiment is amplified by news of NVidia's reduced demand for mining hardware and the collapse of the QuadrigaCX exchange. However, positive developments include Fidelity's upcoming Bitcoin custody service launch, which could attract institutional investors. Regulatory news from the Eurasian bloc adds to the uncertainty, while Litecoin's focus on fungibility offers a glimmer of potential upside for that specific asset.

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

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "A sharp drop below a key psychological level like $3,400, accompanied by a broader market sell-off, "}