News: The crypto market is showing strong bullish momentum today, with Bitcoin and Ethereum leading the charge and the total market cap climbing to $1.8 trillion. Ethereum's successful London hard fork and its potential for reduced energy consumption are positive catalysts. Elon Musk's stance on the infrastructure bill also adds to the positive sentiment. However, a class action lawsuit against Coinbase introduces a note of caution regarding exchange-related risks. China's continued regulatory crackdown remains a persistent bearish factor.

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": "A reduction in short positions by leveraged funds on a major exchange like CME indicates decreasing "}