News: Bitcoin has surged above $20,000, marking a significant bullish development driven by cooling U.S. inflation data and a weakening dollar. This positive macro environment is boosting risk assets, including cryptocurrencies, with Ether also showing strong gains. However, ongoing industry challenges like miner defaults and exchange layoffs temper the optimism, while regulatory scrutiny remains a persistent concern. The market is showing increased demand for bullish exposure, as indicated by options trading activity.

Market Probabilities: 
Bull 60% | Base 30% | Bear 10%

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