News: The market sentiment remains cautiously optimistic, with Bitcoin hovering around key levels. Macroeconomic factors, particularly the Federal Reserve's stance on interest rates, continue to be a dominant influence. While some Fed officials are tempering rate cut expectations, the overall dovish tilt from the previous day's FOMC meeting is still providing some support. The ongoing anticipation of a spot Bitcoin ETF approval remains a significant long-term driver, with recent news of meetings between BlackRock and the SEC adding to this sentiment. Short-term price action may see volatility based on Fed commentary and broader market movements.

Market Probabilities: 
Bull 50% | Base 40% | Bear 10%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.55, "key_reason": "The ongoing discussions between Grayscale and the SEC are a critical step towards the potential appr"}