News: The crypto market remains heavily influenced by the recent approval and trading of spot Bitcoin ETFs, which have seen significant volume and record ETF launches. While institutional adoption is a strong long-term bullish signal, short-term price action is showing mixed signals. Bitcoin's hash rate has dropped due to weather in Texas, and outflows from Grayscale's Bitcoin Trust are creating some selling pressure. However, overall market sentiment remains cautiously optimistic, with positive futures funding rates suggesting traders are looking past short-term dips.

Market Probabilities: 
Bull 55% | Base 35% | Bear 10%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.575, "key_reason": "The approval represents a culmination of years of effort and signifies a major step towards mainstre"}