News: The market sentiment remains cautiously optimistic, driven by the ongoing anticipation of spot Bitcoin ETF approvals, which are increasingly being priced in. Positive developments in Hong Kong regarding potential spot crypto ETFs and supportive commentary from institutional players like Fidelity and Nomura reinforce the long-term bullish narrative. While the SBF verdict had minimal immediate price impact, the broader market is showing strength, with altcoins following Bitcoin's lead. Mining company updates also indicate continued operational expansion.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "The SEC's inaction on appeals suggests a de facto approval of spot Bitcoin ETFs is imminent. This wo"}