News: The crypto market is showing signs of renewed optimism, driven by increasing trading volumes and positive sentiment surrounding spot Bitcoin ETF applications from major institutions like BlackRock. Larry Fink's comments comparing crypto to 'digitizing gold' and Binance CEO CZ's welcoming stance on institutional involvement further bolster this bullish outlook. However, upcoming FOMC minutes and jobs data introduce a degree of macroeconomic uncertainty that could lead to short-term volatility. The ongoing regulatory landscape, with news of Valkyrie refiling its ETF application with Coinbase as a surveillance partner, continues to be a key factor.

Market Probabilities: 
Bull 55% | Base 30% | Bear 15%

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