News: Bitcoin experienced a notable dip below $59,000 due to renewed inflation fears and potential Fed rate hike speculation, but has since shown signs of recovery, trading around $60,000. Simultaneously, institutional interest in crypto ETFs continues to grow, with Charles Schwab reporting high demand, particularly from millennials. Political developments, including the U.S. presidential race and anticipation of Chinese stimulus, are adding to market uncertainty, though some niche tokens are outperforming. Whale accumulation remains a strong bullish signal, suggesting underlying demand despite short-term volatility.

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 substantial increase in Bitcoin held by OTC desks signals robust demand from large investors who"}