News: Positive regulatory news from China, with courts recognizing Bitcoin as legal property, offers a short-term bullish signal for adoption in a major market. However, Coinbase layoffs suggest potential internal challenges at a key exchange, posing a minor bearish risk to liquidity. Visa's CEO expressed openness to supporting crypto, indicating a potential long-term bullish trend for payment integration, but this is not an immediate catalyst.

Market Probabilities: 
Bull 45% | Base 40% | Bear 15%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "Submarine swaps enhance Bitcoin's utility by enabling seamless transactions between the mainnet and "}