News: Bitcoin continues its ascent, nearing the $20,000 all-time high, driven by strong institutional interest and increasing retail adoption facilitated by payment giants like PayPal and Square. Ethereum's upcoming 2.0 upgrade is a significant long-term catalyst. However, some bearish sentiment is emerging in Ether options for 2021, and a data leak at an Australian exchange highlights ongoing security risks. Overall, the short-term outlook remains bullish, supported by strong on-chain metrics and positive institutional news, though regulatory scrutiny and security concerns are persistent watch items.

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

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