News: The primary focus today is the aftermath of the spot Bitcoin ETF approvals. While initial inflows were strong, particularly for Bitwise, Fidelity, and iShares, Bitcoin and related stocks experienced a significant 'sell the news' sell-off, with BTC dropping below $42,000. The SEC's clarification on its X account hack, while reassuring about system security, added to short-term volatility. Macroeconomic factors like subdued inflation data are supportive of risk assets, but the immediate crypto market sentiment appears bearish due to profit-taking.

Market Probabilities: 
Bull 40% | Base 30% | Bear 30%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The SEC's approval of spot Bitcoin ETFs is a watershed moment, granting legitimacy and accessibility"}