News: Bitcoin has stabilized above $26,000 after a dip, with sentiment influenced by the ongoing ETF application stalemate and broader macroeconomic concerns like rising bond yields. While some technical indicators suggest oversold conditions and potential for a short-term rebound, altcoins are showing significant weakness. Institutional developments, such as EDX Markets' custody partnership, offer some positive infrastructure news, while regulatory commentary from BIS adds to the ongoing debate. The Fed's stance on interest rates remains a key macro driver.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The surge in late Q2, fueled by institutional interest and ETF anticipation, highlights a growing ac"}