News: Bitcoin experienced a significant downturn, dropping below $30,000, largely influenced by the Federal Reserve's hawkish stance and a broader market sell-off in risk assets. The collapse of TerraUSD (UST) and Luna also contributed to extreme volatility and bearish sentiment across the crypto market. Despite a short-term bounce in some crypto-related stocks and Bitcoin itself, the overall outlook remains cautious due to ongoing macro-economic pressures and regulatory concerns, such as the US administration's stance on crypto in 401(k)s.

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

Recommendations: 
Short-term: HOLD
Long-term: HOLD
{"sentiment": "neutral", "price_direction": "sideways", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The Federal Reserve's 50 basis point rate hike directly triggered a sharp decline in Bitcoin, mirror"}