News: Bitcoin remains under pressure, trading below $40,000, with significant monthly losses attributed to China's regulatory crackdown and ongoing environmental concerns. Despite positive developments like institutional adoption signals (ETPs listing in Paris) and celebrity endorsements (Tom Brady), the short-term outlook is bearish due to technical indicators and macroeconomic uncertainty surrounding Biden's budget. Altcoin markets are also experiencing weakness, with DeFi protocols facing security risks.

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

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.55, "key_reason": "This event demonstrates the extreme sensitivity of the crypto market to influential figures like Elo"}