News: Bitcoin showed resilience, rallying to its highest level since mid-May, driven by a reported return of retail investors. This upward momentum occurred despite mixed signals from July's inflation data, which slightly exceeded expectations but also showed some cooling, potentially easing immediate pressure on the Fed. Regulatory developments, including a lawsuit against Coinbase and a futures ETF filing by Valkyrie, added to the market's narrative, while the potential return of funds from the Poly Network hack offered some relief to the DeFi space.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "The integration of blockchain technology by a major bank like DBS for bond issuance demonstrates a s"}