News: Global markets are showing a 'risk-on' sentiment driven by progress in US-China trade talks, boosting Asian stocks and US equities. Bitcoin is attempting to defend the $7,300 level, with some increased buying volume, but faces strong resistance at $7,500. A potential 'death cross' looms, indicating underlying bearish pressure despite short-term recovery signs. Institutional adoption continues with BNY Mellon's blockchain initiatives.

Market Probabilities: 
Bull 40% | Base 45% | Bear 15%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "President Xi's strong endorsement of blockchain technology positions China as a leader in its develo"}