News: The crypto market is showing signs of a short-term recovery, with Bitcoin rallying above $3,500 and other major cryptocurrencies experiencing double-digit gains. This positive momentum is occurring despite ongoing stock market volatility, suggesting a potential decoupling or capital rotation into digital assets. However, institutional investor sentiment remains cautious according to JPMorgan, and technical indicators like the Doji candlestick pattern for Bitcoin suggest market indecision. The long-term outlook remains cautiously optimistic, with institutional adoption and regulatory clarity being key drivers.

Market Probabilities: 
Bull 50% | Base 30% | Bear 20%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.575, "key_reason": "The SEC chairman's explicit statement that Bitcoin is not a security is a critical regulatory develo"}