News: Bitcoin is experiencing significant volatility as the halving event approaches. While geopolitical tensions and hawkish Fed commentary are creating headwinds, the market is also seeing strong inflows into spot Bitcoin ETFs and a shift towards bearish sentiment, which can be a contrarian bullish indicator. The deleveraging in futures markets may also pave the way for a short-term bounce.

Market Probabilities: 
Bull 55% | Base 30% | Bear 15%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.625, "key_reason": "The significant inflows into Bitcoin ETFs and positive commentary from industry leaders like Coinbas"}