News: Bitcoin's price has surged above $11,000, reaching an 11-month high, driven by a weakening U.S. dollar and positive institutional sentiment. The crypto market is showing strong bullish momentum, with record options trading volume on Deribit and significant developments in scaling technology and institutional adoption. The OCC's guidance on banks offering crypto services is a major regulatory catalyst, while interest-bearing accounts from platforms like Abra could increase demand for crypto assets.

Market Probabilities: 
Bull 70% | Base 25% | Bear 5%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.75, "key_reason": "Record options volume suggests heightened market interest and potential for increased price action, "}