News: The crypto market is experiencing a period of consolidation, with Bitcoin trading sideways around the $3,400-$3,500 range. The ongoing QuadrigaCX saga continues to dominate headlines, raising concerns about exchange security and fund management, which is creating negative sentiment. On the macro front, positive economic outlooks from traditional finance figures offer some underlying support, but the immediate focus remains on the crypto-specific issues. The Lightning Network is seeing continued development and adoption efforts, which is a positive long-term signal.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "The ongoing QuadrigaCX situation raises significant concerns about exchange security and fund manage"}