Santiment tweeted that "after the market shocks caused by the Jane Street incident earlier this week, attention has now shifted to the White House's internal deadline of March 1, related to negotiations on the controversial 'CLARITY Act.'

This legislation remains crucial for cryptocurrencies as it aims to provide clearer regulatory guidelines, thereby reducing uncertainty for investors, exchanges, and blockchain companies.

An increase in transfers over $100,000 in the Bitcoin, Ethereum, USDT, and XRP networks over the past month is typically a precursor to a high probability of a market reversal.

Regardless of where the market ultimately moves, a significant increase in whale trading activity is expected in early March."