News: Today's market sentiment is largely driven by the cooler-than-expected U.S. inflation data, which has led to a significant drop in the U.S. dollar and a rally in U.S. stocks. This has provided a short-term boost to Bitcoin and Ethereum, sparking talk of a 'summer rally.' However, hawkish comments from Fed officials suggest that aggressive rate hikes may continue, creating a mixed outlook. Regulatory concerns around Ethereum's Merge and negative earnings from Coinbase add to the uncertainty.

Market Probabilities: 
Bull 50% | Base 30% | Bear 20%

Recommendations: 
Short-term: BUY
Long-term: HOLD
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.575, "key_reason": "Concerns from a major central bank about stablecoin risks and contagion highlight significant regula"}