Overview

• Bitcoin touched roughly $125,700 over the weekend to set a new all‑time high before consolidating near the low $123,000s.
• U.S. spot Bitcoin ETFs took in about $3.2 billion last week, their second‑best week since launch, with BlackRock’s fund leading inflows.
• On‑chain data show exchange balances at a six‑year low near 2.83 million BTC, signaling reduced immediately sellable supply.
• Short‑term volatility jumped as 24‑hour crypto liquidations hit roughly $427 million, including over $242 million in shorts, alongside a surge in trading volumes.
• Analysts flag mixed near‑term risks and opportunities, citing whale profit‑taking of over $800 million in recent days, $120,000 turning into support, potential retests toward $108,000–$118,000, and upside targets near $150,000.