News: The crypto market is reacting to the SEC's approval of spot Ether ETFs, a significant regulatory milestone that signals increasing institutional acceptance. While this has generated bullish sentiment for Ethereum and the broader market, immediate price action shows some consolidation and 'sell the news' dynamics, particularly for ETH. Bitcoin's price is also experiencing a cooling rally. Institutional adoption trends, such as university endowments increasing crypto investments and political figures embracing crypto, continue to provide underlying support. Miner efficiency improvements and the long-term impact of the Bitcoin halving remain key bullish factors.

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": "The SEC's approval of Ether ETFs is a major regulatory win, signaling increased institutional accept"}