News: Bitcoin continues its upward trajectory, breaking key resistance levels and nearing 20-month highs, primarily driven by strong anticipation of spot Bitcoin ETF approvals and expectations of Federal Reserve interest rate cuts. Positive developments in institutional adoption, such as Swan's expansion into Bitcoin-backed lending and Robinhood's EU crypto trading launch, further bolster market sentiment. While insider selling at Coinbase introduces a note of caution, the overwhelming short-term catalysts remain bullish, with the market closely watching upcoming economic data and regulatory decisions.

Market Probabilities: 
Bull 70% | Base 25% | Bear 5%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.725, "key_reason": "The substantial projected growth of the smart contract market underscores the increasing integration"}