(MENAFN- The Rio Times) Bitcoin started Tuesday near $124,000 after a weekend sprint that briefly touched the $126,000 area. Ether traded around $4,700, BNB pushed to roughly $1,255 on fresh highs, Solana hovered near $233, and XRP held just under $3.

The backdrop: a surge of money into regulated crypto funds last week and a burst of thin-liquidity weekend buying that lifted prices fast. The story behind the story is the plumbing.

Exchange-traded products have become the main gateway for larger investors. Last week set a record for net inflows into crypto investment funds, led by U.S. spot bitcoin products, with several days of heavy intake in a row.

Early this week, the tape looks less frantic but still positive. When steady, rules-based inflows meet shallow weekend order books, small buys can snowball-exactly what appears to have happened into Sunday's highs.

Price action now shows a market catching its breath rather than reversing. On the daily Bitcoin chart, price rides above major moving averages and the Ichimoku cloud, pressing the upper Bollinger band.



Momentum is strong but not explosive: the daily RSI sits near 70 and MACD remains positive. The four-hour chart is cooler-RSI in the mid-60s with a flattening MACD-signaling consolidation after the spike.
Bitcoin Tests $126K Resistance as Majors Hold Key Support Levels
What matters from here are a few clear lines. For Bitcoin , resistance sits around $125,000–$126,000; a firm break would put $128,000–$130,000 in view.

First supports are $123,000, then about $120,500, with a rising trendline near $117,000 that keeps the larger uptrend intact.

For majors beyond BTC: Ether looks supported around $4,650–$4,700 with supply near $4,800–$4,900; Solana's next decision band is $240–$245; XRP remains range-bound between roughly $2.85 and $3.05; Litecoin is trying to base just below $121.

One cautionary note: outside the top assets, volatility is extreme. Several smaller tokens posted triple-digit swings overnight-signs of speculative heat that can fade quickly.

The simple test for the day is whether fresh fund inflows arrive to push Bitcoin cleanly through $126,000-or whether the market opts for a tidy pullback before the next attempt.

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