News: The crypto market is showing mixed signals. Long-term, institutional adoption continues with Fidelity launching a Bitcoin ETP in Europe and JPMorgan maintaining a bullish long-term outlook. However, short-term sentiment is cautious, with altcoins like DOGE and SHIB experiencing modest losses amid a broader sell-off. Concerns about NFT environmental impact also cast a shadow. The Bitcoin 2022 conference generated bullish sentiment from key figures, but the overall market remains sensitive to macroeconomic factors and geopolitical events.

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 EU's decision to not ban proof-of-work cryptocurrencies removes a significant regulatory threat."}