News: Bitcoin continues to show resilience, trading near 18-month highs driven by persistent ETF speculation and positive macroeconomic signals like cooling inflation and potential Fed rate pauses. Institutional interest is evident with new fund launches and potential acquisitions in the ETF space. While short-term economic data presented some mixed signals, the overall sentiment remains cautiously optimistic, with Bitcoin's year-to-date performance outstripping traditional markets.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.625, "key_reason": "The SEC's decision to not appeal the Grayscale ruling removes a major regulatory hurdle for spot Bit"}