News: Bitcoin remains range-bound, hovering below $27K, heavily influenced by ongoing US debt ceiling negotiations and mixed signals from the Federal Reserve. Political commentary from presidential candidate Ron DeSantis offers a bullish narrative for crypto, while the growth of Bitcoin Ordinals and the launch of a stablecoin for this ecosystem suggest increasing on-chain activity. However, broader macro uncertainties and a strengthening dollar are creating a bearish short-term sentiment, with technicals pointing to potential further downside.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
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