According to Skew Δ, there is a notable purge in open interest (OI) across most pairs on Bybit, with BTCUSDT experiencing a reduction of 12,000 BTC in OI. During such market disruptions, funding rates and perpetual contract pricing often undergo adjustments, typically stabilizing later. Source: Skew Δ.

According to Mihir (@RhythmicAnalyst), the recent BTC chart indicates a potential breakout pattern, demonstrating a bullish trend backed by increased trading volume. This suggests a possible upward price movement, attracting traders to consider entry points for long positions. Source: Mihir's Twitter analysis on February 21, 2025.

According to Miles Deutscher, the 30-day realized volatility for Bitcoin ($BTC) is currently lower than it was during most of last summer, suggesting that Bitcoin tends to trade within a range during such low volatility periods until an external factor triggers a significant price movement. This indicates that traders might expect Bitcoin to continue ranging until a new catalyst emerges. (Source: Miles Deutscher)

According to CrypNuevo, the BTC trade has been successfully completed with full target profit (TP) achieved. The trade strategy involved not entering long positions too early, with entries triggered at the bottom during $93.3k liquidations and a safer position upon reclaiming the 4-hour 50 EMA. This methodical approach ensured optimal entry points for maximum profit. CrypNuevo plans to release a detailed video update on this trading activity.

According to Crypto Rover, BTC vs ETH is currently extremely overbought, indicating a potential market top for Bitcoin. Crypto Rover suggests that this situation marks the beginning of a reversal favoring altcoins, implying traders may consider reallocating their portfolios towards altcoins for potential gains. This analysis is crucial for traders seeking to optimize their positions based on market sentiment shifts. [Source: Crypto Rover on Twitter, February 21, 2025]

According to Trader_XO, Bitcoin ($BTC) has recently been traded, as confirmed by their latest tweet. This indicates active market participation and potential trading opportunities for investors. Such activity may influence short-term price movements, providing traders with opportunities to capitalize on volatility.

According to Miles Deutscher, Bitcoin's open interest has surged by 7.2%, approximately $2.4 billion, within the past 24 hours. This increase is driven by leveraged long positions, which could lead to volatility on lower timeframes if spot buyers lose momentum.

According to Crypto Rover, Bitwise has purchased 249 Bitcoins, totaling $24.1 million. This acquisition indicates a significant investment move, potentially reflecting a strategic positioning or confidence in Bitcoin's market trajectory. Traders might consider this as an indicator of potential bullish sentiment in the cryptocurrency market.

According to Ki Young Ju, Bitcoin is no longer serving as a quote currency in the cryptocurrency market, indicating a shift in trading dynamics where the traditional BTC-to-altcoin rotation is absent.

According to Ki Young Ju, the global top three perpetual contract volumes are BTC, ETH, and IP. This indicates a strong trading interest and liquidity in these cryptocurrencies, which may impact price volatility and trading strategies. Source: Ki Young Ju's Twitter post.

According to Mihir (@RhythmicAnalyst), the prediction for Bitcoin (BTC) proved to be highly accurate, particularly during a period of stress within the crypto community. This successful call has significant implications for traders focusing on Bitcoin, as it highlights the importance of timely and precise market predictions in volatile conditions.

According to CrypNuevo, Bitcoin liquidations at $99k are aligning with the mid-range, indicating that after clearing downside liquidations, the focus is now on upside liquidations. This suggests a strategic point for taking profit on long positions as part of a complete trade strategy.

According to Lookonchain, on February 19, Bitcoin ETFs experienced a net outflow of 510 BTC, equating to $49.92 million, with Fidelity specifically accounting for an outflow of 502 BTC valued at $49.1 million. Fidelity now holds a total of 207,826 BTC, worth approximately $20.34 billion. In contrast, Ethereum ETFs saw a net inflow of 9,368 ETH, totaling $25.9 million, with Fidelity contributing to this inflow by adding 8,997 ETH worth $24.87 million, increasing their holdings to 467,650 ETH, valued at $1.29 billion.

According to glassnode, funding rates confirm a shift in the market dynamics. Bitcoin (BTC) and Ethereum (ETH) maintain slightly positive funding rates, indicating a continued bullish sentiment. However, Solana (SOL) has seen its funding rate turn negative, suggesting increased short interest and potential bearish sentiment. Additionally, negative funding rates in memecoins indicate dominant short positioning, hinting at an unwinding of excessive leverage in these riskier assets.

According to @MI_Algos, the BTC order book on Binance shows a significant shift where ask liquidity was moved from $100k down to $98k. Additionally, bids in the $94k - $94.5k range were withdrawn. The Absolute CVD values confirm that this change did not convert into a market order, highlighting a strategic liquidity adjustment rather than an immediate sell-off.

According to CrypNuevo, BTC has shown strong price action this week, as anticipated in their BTC Sunday update. The 4H50EMA has been reclaimed, leading to an increase in position size from $93.3k.

According to Miles Deutscher, odds for a national Bitcoin reserve in 2025 have increased on Polymarket over the past week, suggesting a correlation with potential BTC strength over longer periods of time. This trend is crucial for traders as it may influence BTC market dynamics significantly. Source: @milesdeutscher.

According to Trader Tardigrade (@TATrader_Alan), Bitcoin's next trading range is anticipated to be between $130,000 and $180,000. This projection suggests a significant upward potential for Bitcoin, indicating a bullish market sentiment. Traders should closely monitor market conditions and consider this range when planning their strategies. The information is based on recent technical analysis shared by the source.

According to Trader_XO, the recent analysis of Bitcoin ($BTC) suggests a potential resistance level at $60,000, with support identified around $55,000. This range is crucial for traders as it may determine short-term price movements. The analysis emphasizes watching the $57,500 level for breakout or breakdown signals. [source: Trader_XO]

According to Crypto Rover, Metaplanet has purchased 68.50 BTC valued at $6.6 million, highlighting substantial bullish sentiment towards Bitcoin within Asian markets. This acquisition is indicative of growing institutional interest and potential price impact, as such significant purchases can influence market trends and investor behavior. [Source: Crypto Rover]