News: Bitcoin experienced a brief breakout above $60,000 but failed to sustain the momentum, indicating short-term resistance. However, underlying technical indicators remain bullish, suggesting potential for further upside after consolidation. Ether reached an all-time high, showing strength in the altcoin market. Institutional interest continues to be a key driver, with reports highlighting Bitcoin's decreasing volatility as a factor attracting greater adoption. The upcoming Coinbase IPO is also a significant event to watch, potentially bringing more mainstream attention and capital to the crypto space.

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": 0.575, "key_reason": "Institutional endorsement from a major bank like Citi significantly bolsters Bitcoin's credibility a"}