News: The crypto market experienced significant volatility today, primarily driven by the SEC's statement deeming spot Bitcoin ETF applications 'inadequate.' This news caused Bitcoin to briefly dip below $30,000, triggering liquidations and dampening short-term bullish sentiment. However, positive macroeconomic data showing cooling inflation and stronger-than-expected GDP growth, coupled with continued institutional interest via ETF filings from Fidelity, provided some underlying support. Bitcoin Cash and Litecoin also saw notable price surges due to exchange listings and increased trading volumes.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The narrowing discount of GBTC indicates growing market anticipation for a spot Bitcoin ETF. Approva"}