News: The crypto market faces mixed signals. Long-term, institutional adoption via BlackRock's trust launch is a strong bullish indicator, countered by macroeconomic headwinds like recession fears and investor flight to cash, suggesting potential near-term bearish pressure. Regulatory actions, such as the Tornado Cash sanctions, are creating short-term uncertainty and a divided community sentiment. The upcoming Ethereum Merge remains a key event to watch for potential indirect impacts on Bitcoin.

Market Probabilities: 
Bull 40% | Base 30% | Bear 30%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The entry of a major asset manager like BlackRock into the spot bitcoin market for institutional cli"}