Data: If BTC drops below $65,621, the total long liquidation strength on mainstream CEXs will reach $1.322 billion.

Top 3 Cryptocurrency Price Predictions: BTC, ETH, XRP stuck in a narrow range, high risk of correction

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continue to fluctuate within accumulation zones on Friday, reflecting the overall picture of the cryptocurrency market being quite subdued and lacking the momentum for a clear breakout trend. BTC has experienced a rebound from a key support zone, ETH is gradually rising.

The whale "pension-usdt.eth" closed its position to take profit on BTC long positions, with a daily profit of approximately $1 million.

The massive whale "pension-usdt.eth" closed a long position of 1,000 BTC on February 20th, with a profit of approximately $994,000. The average closing price was $68,000. This whale employs a low leverage, short-term strategy and has earned over $23 million since October last year. Currently, it has lent a total of $22 million on the AAVE platform.

BlackRock Confirms Big Investors Accumulating Bitcoin

_BlackRock confirms major institutions are buying the Bitcoin dip amid market volatility and price pullbacks._ Major institutions are increasing Bitcoin exposure during the latest market pullback. BlackRock confirmed that large investors are actively buying the Bitcoin dip as volatility

Analysis: The future of Bitcoin depends on market sentiment, with a fair value of approximately $75,000

Bitcoin's recent decline reflects weak market sentiment and macroeconomic pressures. UniCredit strategists estimate its fair value to be around $75,000. Sustained levels below $50,000 may indicate deeper changes, and a rebound will require improved sentiment and liquidity.