News: Bitcoin is showing signs of short-term bearish pressure, with key resistance levels failing and a potential long squeeze indicated by high leverage on Bitfinex. The market is also reacting to negative news regarding the PlusToken scheme and a significant drop in XRP. However, long-term bullish indicators remain, with continued institutional interest and regulatory developments in key regions like Hong Kong and Germany. China's support for blockchain technology also provides a positive macro backdrop.

Market Probabilities: 
Bull 35% | Base 40% | Bear 25%

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "China's official endorsement of blockchain technology is a significant macro development. It signals"}