News: Bitcoin is showing mixed signals today, stalling around $57K despite cooler inflation data that typically favors risk assets. Spot Bitcoin ETFs continue to see inflows, a positive sign, while Germany's ongoing Bitcoin sales present a minor overhang. MicroStrategy's announcement of a 10-for-1 stock split is a bullish corporate development that could indirectly support Bitcoin sentiment. The upcoming Bitcoin 2024 conference, featuring Donald Trump, adds a layer of political and media attention, though its direct price impact remains uncertain. On-chain metrics suggest potential downside, creating a complex short-term outlook.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The accumulation of 1 million BTC by Bitcoin ETFs signifies robust institutional adoption and demand"}