News: The market sentiment remains cautiously optimistic, driven by ongoing discussions around spot Bitcoin ETFs and a weakening U.S. dollar due to anticipated Federal Reserve rate cuts. While institutional interest is high, with major players like BlackRock actively engaging with the SEC, regulatory nuances regarding ETF redemptions introduce some uncertainty. The strong performance of Bitcoin miner ETFs also suggests a positive outlook for the mining sector, which is closely correlated with Bitcoin's price.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "Direct meetings between the SEC and major ETF applicants like BlackRock are critical steps in the ap"}