News: The crypto market is experiencing a significant downturn, with Bitcoin breaking below the crucial $7,000 support level. Ethereum has also seen a sharp decline, hitting a nine-month low. Sentiment is overwhelmingly bearish, with 'Extreme Fear' reported. Potential selling pressure from PlusToken scammers dumping stolen Bitcoin adds to the downside risk. However, the launch of physically settled Bitcoin futures by ErisX offers a glimmer of institutional interest, though its immediate impact may be overshadowed by the broader sell-off.

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

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "bearish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.6, "key_reason": "Ethereum's substantial single-day drop indicates strong selling pressure. This often correlates with"}