News: Bitcoin is showing resilience, holding above $40,000 and breaking a two-month downtrend, supported by positive correlation with the NASDAQ 100 and bullish technical indicators. Ethereum is also anticipated to be in a counter-trend rally. However, regulatory concerns persist, with the US Treasury flagging money laundering risks in NFTs and Venezuela implementing a significant crypto tax, which could create localized bearish pressure. On a positive note, major crypto firms are forming a coalition to promote market integrity, boosting investor confidence, and Canadian protesters are turning to crypto for donations, highlighting its utility.

Market Probabilities: 
Bull 60% | Base 30% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
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