News: Bitcoin experienced a significant sell-off over the weekend, nearing $58K, with ETF outflows contributing to bearish sentiment. On-chain indicators suggest a potential local bottom, but political uncertainty surrounding the US election is expected to keep Bitcoin range-bound in the short term. Legal disputes involving Tether and potential regulatory scrutiny on Morgan Stanley's ETF recommendations add to the mixed short-term outlook. Miner activity, like Marathon Digital's note sale, shows continued institutional interest, offering some underlying support.

Market Probabilities: 
Bull 35% | Base 40% | Bear 25%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "This statement from a major asset manager like BlackRock signals a clear institutional pathway for B"}