News: The dominant narrative today is the landmark court ruling in favor of Grayscale, which overturned the SEC's denial of its spot Bitcoin ETF application. This has led to a significant surge in Bitcoin's price and positive sentiment across the crypto market. Long-term holders continue to accumulate, and institutional interest remains high with ongoing ETF applications. While short-term volatility is expected to remain elevated due to this news, the overall outlook is bullish, driven by increased clarity on regulatory pathways for institutional products.

Market Probabilities: 
Bull 70% | Base 20% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.75, "key_reason": "The court's decision in favor of Grayscale significantly boosts the likelihood of a spot Bitcoin ETF"}