News: The market is showing mixed signals today. On the long-term front, institutional interest is evident with BNY Mellon's involvement in a proposed Bitcoin ETF and the continued exploration of private placements for institutional investors. However, the withdrawal of the VanEck/SolidX ETF proposal introduces a short-term bearish sentiment. China's mining crackdown in Inner Mongolia adds to bearish pressure, while positive regulatory developments in New Zealand and the appointment of crypto-friendly individuals to key regulatory roles at the CFTC offer some bullish undertones. Bitcoin's price action shows a short-term recovery, and technical analysis suggests a potential breakout from a consolidation pattern.

Market Probabilities: 
Bull 40% | Base 30% | Bear 30%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The golden cross is a strong bullish technical signal, historically preceding significant price incr"}