News: The crypto market remains under pressure, with a $4 billion drop in valuation overnight and continued weakness in Bitcoin Cash post-fork. Regulatory actions are also a significant factor, with the SEC settling with startups and potentially impacting other ICOs. NVIDIA's stock crash due to reduced crypto mining demand highlights the interconnectedness of the crypto and traditional tech sectors. Despite some analyst predictions of a recovery, the prevailing sentiment is bearish, with further price drops anticipated by some.

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

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "bearish", "price_direction": "down", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.55, "key_reason": "The involvement of a major investment bank like Goldman Sachs in offering Bitcoin trading products i"}