News: Bitcoin experienced a volatile day, failing to hold onto earlier gains and sliding back into its recent trading range, with altcoins also seeing declines. On-chain metrics like MVRV show potential bullish signals, while institutional developments like Coinbase's acquisition of a derivatives exchange and Fidelity's partnership with Nexo point to growing infrastructure. However, regulatory news from Pakistan banning crypto and investigations into Binance introduce bearish headwinds. Miners are showing signs of 'hodling,' which is positive, but the overall market sentiment remains cautious due to macroeconomic factors and the weakening US dollar.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The potential allocation of capital from large sovereign wealth funds, as highlighted by O'Leary, re"}