News: Bitcoin and Ethereum experienced significant upward price movements today, driven by a stronger-than-expected US jobs report and speculation about China easing COVID-19 restrictions. This has fostered a 'risk-on' sentiment in the market, pushing Bitcoin to a seven-week high. While Bitcoin's volatility remains low, analysts predict potential for explosive price action. Regulatory developments, such as the UK's NFT inquiry, add a layer of uncertainty, but the immediate market reaction is overwhelmingly positive, supported by macro indicators.

Market Probabilities: 
Bull 70% | Base 20% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: HOLD
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.725, "key_reason": "A major financial institution issuing a bearish rating on Coinbase signals significant headwinds for"}