News: Bitcoin has experienced significant volatility, reaching a new all-time high before a sharp correction, followed by a rebound. This price action is attributed to profit-taking by miners and investors, coupled with ongoing institutional inflows into ETFs. Federal Reserve Chair Powell's testimony provided assurances of potential rate cuts, which generally supports risk assets. The market sentiment remains cautiously optimistic, with attention focused on upcoming economic data and the continued impact of ETF flows.

Market Probabilities: 
Bull 50% | Base 30% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.55, "key_reason": "The combination of significant ETF inflows and the upcoming halving event creates a powerful bullish"}