News: The crypto market is showing signs of stabilization with Bitcoin recovering towards the $4,000 mark after recent lows. Positive developments include the confirmed launch of Nasdaq Bitcoin futures in H1 2019 and significant institutional investment in the ErisX exchange from Fidelity and Nasdaq, signaling growing institutional adoption. However, regulatory uncertainty persists, with SEC comments reportedly triggering a sell-off, and international cooperation in enforcement could lead to further scrutiny. The market remains in a consolidation phase, with $4,000 being a key level to watch.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "The launch of a regulated ETP on a major European exchange is a major milestone for crypto adoption."}