News: Bitcoin has surged past $35,000, reaching its highest level in over a year, driven by strong optimism surrounding potential spot Bitcoin ETF approvals. This rally has also boosted memecoins and other crypto assets, indicating broad market enthusiasm. Institutional interest is growing, with major players like Franklin Templeton filing for ETFs, and Nomura launching a Bitcoin fund for institutional investors. The hashrate continues to hit all-time highs, signaling network strength. Regulatory developments, particularly the SEC's stance on ETFs, remain the primary short-term catalyst.

Market Probabilities: 
Bull 70% | Base 25% | Bear 5%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.7749999999999999, "key_reason": "Bitcoin's breach of $35,000, driven by ETF optimism, signals strong short-term momentum. This price "}