News: The crypto market is facing mixed signals today. On the long-term front, institutional adoption continues to grow with BlackRock anticipating sovereign wealth funds and pensions entering Bitcoin ETFs, and MicroStrategy innovating with Bitcoin-based digital IDs. However, the short-term outlook is cautious, with a surge in crypto hacks and fraud impacting sentiment, and bearish analyst views on Bitcoin's quarterly performance. Macroeconomic data, particularly the upcoming PCE inflation report, will be crucial for near-term direction, with potential for rate cut expectations to influence risk assets.

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 increasing willingness of major financial institutions like Morgan Stanley to engage with spot B"}