News: Bitcoin experienced a volatile day, trading around the $24,000 level, influenced by mixed economic signals. Hotter-than-expected US inflation data (PCE) increased concerns about aggressive Federal Reserve rate hikes, leading to a decline in US stocks and a generally bearish sentiment across risk assets, including cryptocurrencies. Despite this, Bitcoin showed some resilience, with positive funding rates indicating sustained demand in derivatives markets. However, the overarching macroeconomic concerns and the potential for further tightening are weighing on short-term price action.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The continued investment and product development by major financial institutions like Fidelity demon"}