News: The crypto market experienced significant volatility over the weekend, primarily driven by escalating geopolitical tensions between Iran and Israel, causing Bitcoin to drop below $63,000 and leading to substantial liquidations. However, the market is showing signs of recovery today, buoyed by reports of Hong Kong approving its first spot Bitcoin and Ether ETFs. This news is providing a bullish short-term catalyst, counteracting some of the geopolitical fear. Whale participation remains subdued, indicating caution, while meme and AI tokens are showing relative strength.

Market Probabilities: 
Bull 50% | Base 30% | Bear 20%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.575, "key_reason": "Heightened geopolitical tensions typically trigger a flight to safety, leading to sell-offs in risk "}