News: The crypto market is showing mixed signals today. Bitcoin is holding above $3,600 with moderate growth, but also experienced a reversal from intraday highs, indicating continued consolidation. Broader market sentiment appears cautious, with declines in US stock indices potentially dragging down crypto prices. Analysts remain divided on whether the market has found its bottom, with some expecting continued low volatility and others anticipating further downside. Reduced volatility is noted year-on-year, but this could precede a significant move.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "Novogratz's continued strong conviction, even after a bear market, highlights sustained institutiona"}