News: The market sentiment remains cautiously optimistic, driven by strong performance in US tech stocks and ongoing anticipation of Federal Reserve rate cuts. BlackRock's amendment to its spot Bitcoin ETF proposal, allowing for cash redemptions, is a significant positive development, increasing the likelihood of approval and boosting short-term bullish sentiment. Meanwhile, the Bank of Japan's decision to maintain its ultra-loose policy had a limited impact on Bitcoin, though it influenced currency markets. Mining stocks also saw a surge, reflecting broader positive sentiment in the crypto ecosystem.

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": 0.675, "key_reason": "The SEC's engagement with ETF applications signals progress towards potential approval. This is a ma"}