News: Bitcoin experienced significant volatility on May 23rd due to the anticipation and eventual approval of spot Ether ETFs, leading to substantial liquidations. While Ether saw sharp price swings, Bitcoin also dipped before recovering. Long-term sentiment remains bullish, supported by ongoing institutional adoption (Hong Kong ETFs, German bank custody) and the fundamental impact of the halving. However, short-term price action is dominated by the immediate reaction to the ETH ETF news and potential profit-taking, creating an uncertain immediate outlook.

Market Probabilities: 
Bull 55% | Base 30% | Bear 15%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.575, "key_reason": "The immediate aftermath of the ETH ETF decision caused significant price swings and liquidations, in"}