News: The crypto market remains subdued, with Bitcoin trading below $17,000, reflecting a persistent 'crypto winter' and year-end investor caution. Traditional markets are also experiencing a sell-off, driven by macroeconomic concerns and a general risk-off sentiment. While some miners are restructuring to avoid bankruptcy, the overall sentiment remains bearish in the short term. However, continued institutional accumulation by companies like MicroStrategy offers a glimmer of long-term optimism.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The FTX collapse represents a major blow to the crypto ecosystem, causing significant financial loss"}