News: The market is showing mixed signals, with anticipation of the Bakkt futures launch and China's blockchain interest providing long-term bullish sentiment. However, short-term technicals suggest potential volatility, with a contracting triangle breakdown indicating a possible dip. Global macroeconomic factors, including mixed economic data and regulatory scrutiny, add to the uncertainty. The upcoming halving event remains a key long-term bullish driver.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "The offering of a Bitcoin ETF to institutional investors, even through a private placement, is a maj"}