News: The crypto market is experiencing mixed signals today. Long-term, the approval of Bitcoin ETFs and increasing institutional adoption continue to provide a bullish backdrop. However, short-term sentiment is being influenced by regulatory news from India, with a potential ban on private cryptocurrencies causing price drops in the Indian market. Despite this, major cryptocurrencies like Bitcoin and Ethereum showed some resilience earlier in the day. Institutional investors appear unfazed by recent volatility, continuing to buy the dip, which suggests underlying strength. Celebrity endorsements also add to positive sentiment, but key resistance levels for Bitcoin remain a near-term hurdle.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "A potential ban on private cryptocurrencies in India, a major economy, is a significant bearish deve"}