News: The cryptocurrency market is experiencing a significant downturn, with Bitcoin falling below $6,000 and Ethereum hitting multi-month lows. This broad sell-off, described as 'panic mode,' is driven by a combination of technical factors, potential ICO dumping, and broader macroeconomic concerns like the Turkish currency crisis and a strengthening U.S. dollar. Sentiment is overwhelmingly bearish in the short term, with many altcoins facing severe declines.

Market Probabilities: 
Bull 10% | Base 30% | Bear 60%

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "bearish", "price_direction": "down", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "The breach of the $6,000 level and proximity to the year's low signifies strong downward momentum an"}