News: The crypto market is experiencing significant volatility, with Bitcoin dropping below $9,000 due to broader market sell-offs and negative sentiment, exacerbated by Facebook's ban on crypto ads. Upcoming U.S. regulatory testimony from the SEC and CFTC chairmen presents a key event risk for the next two weeks. While some support is emerging, ongoing speculation about government actions and rising U.S. Treasury yields create an uncertain short-term outlook.

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

Recommendations: 
Short-term: HOLD
Long-term: HOLD
{"sentiment": "neutral", "price_direction": "sideways", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "Facebook's ban on crypto advertising is a significant blow to market sentiment and adoption efforts,"}