News: Today's market sentiment is overwhelmingly bearish, driven by a hotter-than-expected US CPI report that dashed hopes of slowing inflation. This has led to a significant sell-off in traditional markets, with the Dow Jones dropping over 1,200 points, and has directly impacted crypto, with Bitcoin falling sharply. The anticipation of aggressive Federal Reserve rate hikes is the primary concern, creating a risk-off environment. Meanwhile, the upcoming Ethereum Merge continues to be a focal point, with Ether showing relative strength against Bitcoin, but the broader market downturn is overshadowing this. Liquidity concerns are also surfacing with news of Poolin Wallet issuing IOU tokens.

Market Probabilities: 
Bull 15% | Base 35% | Bear 50%

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "bearish", "price_direction": "down", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.625, "key_reason": "The higher-than-expected CPI data directly impacts risk assets. It reinforces expectations of aggres"}