News: Bitcoin is consolidating around $10.4K, showing a sideways trend, while Ether's smart contract usage indicates growing network utility. Traders are increasingly concerned about potential election chaos impacting markets, with some believing the options market is underpricing this risk, suggesting potential for short-term volatility. The growth of tokenized Bitcoin on Ethereum and the relaunch of the tBTC bridge highlight increasing DeFi integration, while regulatory clarity on stablecoins from the OCC could boost liquidity. The development of the Digital Yuan and the upcoming crypto ETF launch in Bermuda are also notable macro and institutional developments.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
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