News: Bitcoin and the broader crypto market are experiencing continued pressure following Fed Chair Powell's hawkish remarks at Jackson Hole, emphasizing a commitment to higher interest rates for longer. This macro sentiment is driving risk aversion, causing Bitcoin to hover around $20,000 and Ether to slump. While some minor rebounds occurred, the overall outlook remains bearish in the short term due to persistent inflation concerns and the Fed's tightening stance. Institutional interest in Web3 remains, indicated by new fund launches, but immediate price action is dominated by macro headwinds.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
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