News: Bitcoin is showing resilience, trading around $28,354, buoyed by ongoing anticipation of spot ETF approvals, despite a false report causing temporary volatility. Grayscale's continued efforts with S-3 filings and new ETF applications signal progress in this key area. However, broader market sentiment is being weighed down by rising Treasury yields and geopolitical tensions, leading to a downturn in US equities. Additionally, legal actions against major crypto firms like Gemini, Genesis, and DCG by the NY Attorney General introduce regulatory concerns and potential bearish pressure.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "The court's decision significantly de-risks the approval process for spot Bitcoin ETFs, a major cata"}