News: The market shows signs of short-term resilience with Bitcoin recovering to $7,000, supported by institutional interest from Rakuten's acquisition of a crypto exchange. However, upcoming EU regulatory discussions introduce significant uncertainty. Long-term, adoption indicators like increased Bitcoin ownership in Canada and growing blockchain jobs in Asia remain positive, while the contentious Bitcoin Cash hard fork adds a layer of protocol risk.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

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