News: Bitcoin is showing bullish signs, breaking above $12.4K on increased volume, supported by the growing DeFi sector reaching $6B locked. While hashrate hit an all-time high, price consolidation below $12K persists, creating some short-term uncertainty. The listing of Grayscale's BCH and LTC trusts on OTC markets could boost altcoin interest. Overall, the market sentiment leans positive, driven by institutional interest and DeFi expansion.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "Record inflows into Grayscale products signal growing institutional confidence and capital deploymen"}