News: The market sentiment remains cautiously optimistic, driven by the ongoing anticipation of spot Bitcoin ETF approvals in early January. Long-term prospects are bolstered by institutional interest and positive analyst outlooks, with Bitcoin's price action above $40,000 reinforcing bullish sentiment. Short-term catalysts include ETF application updates and increased user activity on exchanges, though broader market trends and speculative assets introduce some volatility.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "Novogratz's strong conviction, backed by institutional interest and the potential ETF approval, sugg"}