News: The market sentiment remains cautiously optimistic, with long-term bullish catalysts like institutional adoption and potential regulatory shifts under the Trump administration continuing to support Bitcoin's narrative. However, short-term price action shows some consolidation and a failure to sustain recent highs, with a notable pullback from intraday peaks. The upcoming launch of Bitcoin ETF options and the year-end review of Bitcoin's strong performance in 2024 provide ongoing positive signals, but potential headwinds from unmet regulatory expectations could introduce volatility.

Market Probabilities: 
Bull 55% | Base 35% | Bear 10%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.6000000000000001, "key_reason": "Bitcoin's increasing market dominance signifies a flight to quality within the crypto space, driven "}