News: Bitcoin is showing signs of stabilization after a recent downturn, finding support amidst a global equity market sell-off, reinforcing its safe-haven narrative. However, technical analysts warn of potential further declines if key support levels are breached. Meanwhile, institutional adoption continues with Block's Cash App feature for gifting Bitcoin, and significant investment in cross-chain infrastructure like Multichain. Regulatory scrutiny remains a concern, particularly for DeFi, while legal challenges against mining companies like Marathon Digital Holdings add short-term headwinds.

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 continued growth and activity in DeFi platforms demonstrate increasing utility and adoption beyo"}