Crypto Radar — April 28, 2026
Bitcoin consolidated at US$ 76.393 on Tuesday, down 0.5% in the last 24 hours but maintaining gains of 1.1% for the week. The market operates in neutral mode: neither excessive optimism nor panic. Fear & Greed at 33 points signals controlled fear, the kind of healthy correction that cleans excessive leverage without breaking the uptrend structure.
With a global market cap of US$ 2.56 trillion and volume of US$ 119.87 billion, the market is catching its breath. Bitcoin dominance at 59.8% shows that money still prefers the reserve asset when uncertainty increases.
The macro context weighs on investor decisions. Paul Tudor Jones reaffirmed Bitcoin as "best hedge against inflation" according to CoinDesk, but warned of overvalued stocks. Oil above US$ 100 is rekindling inflationary fears in Asia, which historically forces the Fed to maintain a more restrictive monetary policy.
For Brazilian investors, the scenario requires double caution. With the Selic projected at 14.75%, according to our analysis on private tokenization and DREX, the opportunity cost of holding crypto increases. Those with positions should monitor US$ 76.354 weekly support on Bitcoin.
Bitcoin: Uptrend Structure Preserved
Bitcoin navigates technically neutral territory. RSI at 57.30 points indicates equilibrium between buyers and sellers, far from the extremes that generate violent reversals. The currency is US$ 891 above the SMA20 (US$ 75.502) and US$ 4.436 above the SMA50 (US$ 71.957).
The problem lies in the SMA200 at US$ 84.572. The long-term average still acts as resistance, creating a ceiling 14.9% above the SMA50. This bearish divergence in the moving average structure explains why each rally encounters sellers in the US$ 78.645 range.
Weekly support at US$ 76.354 was tested today and held. A breakdown opens the path to US$ 66.699, monthly support that coincides with the institutional accumulation region of the last 60 days.
Análise Técnica — Bitcoin
Ethereum: Stuck Between Averages
Ethereum is in a more delicate situation than Bitcoin. At US$ 2.291, the coin oscillates between the SMA20 (US$ 2.315) and the base of US$ 2.290. RSI at 47.20 confirms technical uncertainty: neither sufficient buying strength nor selling pressure to define direction.
The moving average structure is more bearish than Bitcoin. SMA50 is 20.5% below the SMA200, indicating that the long-term correction has not yet been fully digested. Dominance of 10.8% reflects a preference for safety over performance.
Weekly resistance at US$ 2.378 needs to be broken with volume to validate recovery. Otherwise, a test of US$ 2.024 (monthly support) becomes more likely.
Análise Técnica — Ethereum
Today's Highlights
The altcoin market showed extreme volatility. H surged 26%, leading gains, while M plummeted 11.4%. This dispersion is typical of sideways markets: capital rotates between sectors without clear direction.
Stablecoin Rates
Macro and Institutional Context
According to CoinTelegraph, Coinbase Premium turned negative, indicating selling pressure from American investors. Weekly losses of US$ 829 million in Bitcoin positions show that even institutional money is cautious.
Robinhood surprised by maintaining strong stock performance even as crypto revenue fell 47%, betting on event markets. The diversification of American brokerages signals sector maturation, but also less dependence on crypto to sustain profits.
On the regulatory front, the CFTC takes action against Wisconsin defending authority over predictive markets. Each legal precedent defines how institutions can operate crypto in the coming years.
Also read at ON3X: our analysis on how hackers exposed US$ 4.5 billion in cross-chain protocols and why the Aave rescue may have created the first "too big to fail" in DeFi.
What To Watch Tomorrow
- Bitcoin: Decisive test of support at US$ 76.354. Breakdown confirms correction to US$ 66.699
- Ethereum: Movement above SMA20 (US$ 2.315) could initiate recovery to US$ 2.378
- Macro: American inflation data could define the next Fed move and pressure on risk assets
- Volume: Increased institutional participation will be key to validating any directional move
Disclaimer: Crypto Radar is published daily by the ON3X team for informational purposes only. This content does not constitute investment advice. Do your own research before making financial decisions.
