News: The market sentiment remains cautiously optimistic, driven by positive macroeconomic indicators such as cooling inflation and strong corporate earnings, which are supporting traditional markets. In the crypto space, the formal acceptance of BlackRock's spot Bitcoin ETF application by the SEC is a significant development, fueling anticipation for institutional inflows. While altcoins are showing strength, particularly after the Ripple-SEC ruling, Bitcoin's price action is largely influenced by the ETF narrative and broader market trends. Miners may face short-term pressure due to the upcoming halving.

Market Probabilities: 
Bull 60% | Base 30% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.625, "key_reason": "BlackRock's application for a Bitcoin spot ETF is a major institutional endorsement. Its strong trac"}