News: The crypto market on January 31, 2018, was characterized by continued volatility and regulatory concerns. Facebook's announcement to ban crypto ads was a significant bearish signal, restricting marketing channels. While South Korea's finance minister clarified no ban was planned, the uncovering of illegal trades signaled ongoing regulatory scrutiny. Bitcoin remained below $10,000, indicating persistent bearish momentum, further pressured by news of the Bitfinex subpoena by the CFTC and the Coincheck hack aftermath. Despite some short-term price recoveries, the overall sentiment remained cautious due to these headwinds.

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

Recommendations: 
Short-term: HOLD
Long-term: HOLD
{"sentiment": "neutral", "price_direction": "sideways", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The introduction of Bitcoin futures on a major exchange like CBOE provided a regulated avenue for in"}