News: Bitcoin shows resilience, trading above $35,000, buoyed by institutional interest from Morgan Stanley and the potential for a US Bitcoin ETF, with Ark Invest joining the race. Short bets are unwinding, suggesting a potential short-term rally. However, technical resistance at $37,000 poses a challenge, and the Puell Multiple's reliability is questioned due to China's mining ban. Regulatory actions, like the UK's targeting of Binance and BTC China's shutdown, highlight ongoing risks, though the market appears increasingly resilient to such news.

Market Probabilities: 
Bull 55% | Base 30% | Bear 15%

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