Crypto Radar — Friday, 05/01/2026
Bitcoin closes the week at US$ 78,159 with a gain of 2.5% in the last 24 hours and a modest gain of 0.7% over the last seven days. Friday's movement confirms that the market still operates in a zone of technical indecision, with neutral RSI at 53.5 points and price navigating between well-defined supports and resistances.
The total market sums US$ 2.59 trillion in market capitalization, with Bitcoin maintaining solid dominance of 60.4%. Ethereum remains pressured at US$ 2,291, accumulating a drop of 1.1% for the week and with RSI at 38.1 — territory close to oversold.
The Fear & Greed Index remains at 26 points, signaling fear in the market. But here's the point: with 46 consecutive days of negative sentiment, the opposite is already priced in. Smart money doesn't wait for courage to return — it positions when everyone is afraid.
Bitcoin: Bearish Structure But Bullish Short-Term Trend
Bitcoin is in a curious technical situation. The current price of US$ 78,159 sits above the 20-day (US$ 76,124) and 50-day (US$ 72,348) moving averages, configuring a bullish short-term trend. The problem lies in the bigger structure: SMA50 is still 13.9% below SMA200, maintaining a bearish long-term bias.
Neutral RSI at 53.5 points provides room for movement in either direction. Solid weekly support at US$ 75,775 was tested and held. Resistance at US$ 78,645 now functions as the immediate ceiling — breaking this level opens the way to US$ 80,000.
Análise Técnica — Bitcoin
Volume is declining, which can be interpreted two ways: either the market is losing interest (bearish) or it is consolidating before a larger move (bullish). Based on current technical positioning, the second hypothesis carries more weight.
Ethereum: Nearing Oversold
Ethereum is in a more delicate situation. RSI of 38.1 points signals intense selling pressure, close to oversold territory. Price at US$ 2,291 oscillates between SMA20 and SMA50, confirming sideways movement without clear direction.
The bearish structure is even more pronounced than Bitcoin: SMA50 is 19.3% below SMA200. Weekly support at US$ 2,253 needs to hold — a break puts US$ 2,054 (monthly support) at risk.
Análise Técnica — Ethereum
ETH/BTC lost 1% for the week, confirming that Ethereum is underperforming Bitcoin. While BTC shows signs of stabilization, ETH is still seeking a consistent floor.
Highlights of the Extremes
ZEC leads gains with an impressive 10.4% daily increase. Privacy coins have shown recent strength, possibly related to regulatory discussions in the United States. TAO (+8.8%) and VVV (+9.0%) complete the podium of largest gains.
On the downside, WLFI plunges 9.4%. M (-5.9%) and DEXE (-5.4%) also face significant selling pressure.
Stablecoin Rates
Macro and Regulatory Outlook
According to CoinDesk, the Clarity Act text allows crypto companies to offer stablecoin rewards while protecting banking yields. This regulatory clarity could reduce the uncertainty that has been pressuring the market in recent weeks.
In Brazil, Central Bank Resolution 561 continues to raise questions about international payments with crypto. Also read at ON3X: "BCB Resolution 561: What the Central Bank of Brazil Really Prohibited About Crypto in International Payments" — complete analysis of what really changed.
CoinTelegraph highlights three indicators suggesting a Bitcoin rally to US$ 80,000. With improving technical structure and extremely negative sentiment, the ingredients for a bounce are aligned.
What to Watch Tomorrow
- Bitcoin's movement around the US$ 78,645 resistance level — breakout confirms continuation of the rally
- Ethereum's RSI behavior near 38 points — entry into oversold can generate technical bounce
- Volume during the weekend — low liquidity can amplify movements in either direction
- Altcoins' reaction if Bitcoin exceeds US$ 79,000 — historically, alt season begins with BTC stable in rally
Disclaimer: Crypto Radar is published daily by the ON3X team for informational purposes only. This content does not constitute investment recommendation. Do your own research before making financial decisions.
