News: Bitcoin has shown remarkable resilience, erasing FTX-related losses and surpassing the $21,000 mark, driven by positive inflation data (PPI and retail sales). This macro backdrop suggests a potential pivot from the Federal Reserve, fueling a risk-on sentiment across crypto markets, with altcoins like SHIB also seeing significant gains. However, concerns linger regarding potential regulatory actions (DOJ announcement) and hawkish Fed commentary, which caused a sharp intraday reversal and liquidations, highlighting the market's sensitivity to these factors. The impending options expiration (OPEX) adds to potential short-term volatility.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.625, "key_reason": "The narrative shift towards decentralized solutions post-FTX is a strong long-term bullish signal. I"}