News: Bitcoin is trading sideways around $29,300, showing resilience to the Fed's rate hike, which was largely priced in. The potential approval of a spot Bitcoin ETF remains a key bullish catalyst, with BlackRock's filing and Coinbase's role as custodian being significant developments. However, regulatory headwinds persist, with the SEC's classification of several altcoins as securities creating uncertainty. Technical analysis suggests Bitcoin could face deeper losses if key support levels are breached. Meanwhile, mining efficiency improvements and potential diversification into AI offer long-term bullish signals for the mining sector.

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 involvement of a major asset manager like BlackRock legitimizes Bitcoin as an investment and ope"}