News: The market sentiment remains cautiously optimistic, buoyed by cooling inflation data and increased expectations for Federal Reserve rate cuts, which have pushed major stock indices to new records. This positive macroeconomic backdrop is generally supportive of risk assets like Bitcoin. However, lingering concerns about potential selling pressure from Mt. Gox repayments and miner activity, alongside the upcoming large options expiry, introduce short-term volatility risks. Institutional inflows into Bitcoin ETFs continue to be a strong long-term bullish signal.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.575, "key_reason": "A state government investing in Bitcoin, even indirectly via ETFs, represents a significant endorsem"}