News: The Ethereum Merge successfully transitioned to Proof-of-Stake, drastically reducing its energy consumption and marking a significant technological milestone. However, this event was met with a 'sell the news' reaction, leading to price drops for ETH and a flat performance for BTC, alongside declines in broader markets. Regulatory scrutiny continues, with the SEC Chair facing political questioning, while institutional interest in regulated Bitcoin products like new ETFs shows promise. Miner migration to Ethereum Classic is a notable short-term effect.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The successful completion of the Ethereum Merge is a significant technological achievement that addr"}