News: The crypto market is experiencing a significant downturn today, primarily driven by regulatory concerns stemming from the SEC's actions against Kraken regarding its staking services. This has led to a broad sell-off across major cryptocurrencies, with Bitcoin and Ether falling sharply and causing substantial liquidations for leveraged traders. Investor sentiment is cautious, with Fed officials also reiterating critical views on crypto's speculative nature. Despite these headwinds, some long-term adoption trends, like NFTs on Bitcoin, show continued innovation.

Market Probabilities: 
Bull 25% | Base 45% | Bear 30%

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "neutral", "price_direction": "down", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.575, "key_reason": "The events of 2022, particularly the major collapses and macroeconomic headwinds, set a negative ton"}