News: Bitcoin is experiencing a period of low volatility, trading sideways below key technical indicators. News regarding potential regulatory scrutiny from the US, stemming from Bolton's book about Trump's alleged directive to 'go after Bitcoin,' is creating some bearish sentiment. However, on a longer-term view, metrics like the Mayer multiple suggest Bitcoin remains undervalued, and institutional adoption continues to grow with new ETP listings. The DeFi sector on Ethereum is showing robust growth, drawing attention away from Bitcoin.

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 doubling of institutional interest in crypto futures, as reported by Fidelity, is a strong indic"}