Crypto Radar — 04/03/2026: Extreme Fear Persists, BTC Consolidates at US$ 67K
Friday, April 03, and the crypto market continues operating under extreme fear for over a month. With Fear & Greed Index locked at 11/100, Bitcoin consolidates at US$ 67.192, practically stable over the last 24 hours (+1.0%). Ethereum follows the sideways movement at US$ 2.051.
Bitcoin's dominance remains robust at 58.2%, signaling that capital is still seeking refuge in the largest cryptocurrency during this period of uncertainty. Global volume of US$ 44.15 billion confirms low activity — typical of markets awaiting definition.
Overall Market Overview
The crypto market totals US$ 2.31 trillion, with timid movements reflecting investor caution. This Friday marks another day of consolidation after weeks of selling pressure.
Bitcoin and Ethereum show mixed technical signals. BTC operates with RSI at 44.60 — neutral territory, but still far from the extremes that historically precede significant reversals. Ethereum presents a slightly higher RSI at 47.70, suggesting marginally better momentum.
Bitcoin: Bearish Structure, But Neutral RSI Opens Hope
Bitcoin is like an experienced fighter who knows when to retreat. With price below the 20 and 50-period moving averages, the structure remains bearish. The SMA50 operates 23.4% below the SMA200 — a gap that doesn't close quickly.
Weekly support at US$ 65.970 holds firm for days. Immediate resistance at US$ 68.232. For a narrative change, BTC needs to reclaim and sustain above the SMA20 at US$ 69.061.
The RSI at 44.60 is the only light in the tunnel. It's not oversold, but also doesn't indicate buyer exhaustion. Declining volume suggests that major players are out, awaiting catalysts.
Análise Técnica — Bitcoin
Ethereum: Defensive Position Between Averages
Ethereum surprises by operating between the 20 and 50-period SMAs — a defensive position suggesting less selling pressure compared to Bitcoin. Current price of US$ 2.051 is close to the SMA50 at US$ 2.046.
The brutal distance of 31.9% between SMA50 and SMA200 reveals the damage of the bear market. But the RSI at 47.70 indicates that ETH may be preparing ground for larger amplitude movements.
Weekly resistance at US$ 2.139 will be a crucial test. A breakout opens the path to US$ 2.351 — monthly resistance that will define the next chapter.
Análise Técnica — Ethereum
Today's Highlights: DEXE Leads Gains
While majors consolidate, smaller altcoins capture attention. DEXE surges 8.8%, followed by BSV (+7.3%) and VET (+6.2%). Movements concentrated in specific projects, not broad market trend.
On the downside, EDGE (-5.4%), STABLE (-3.6%) and NIGHT (-3.5%) lead losses. Low volatility allows point movements to gain prominence.
Stablecoin Quotes
Macro Scenario and News
According to CoinDesk, data converges to indicate that the Bitcoin market is "narrowing internally" — lower participation from major players while retail maintains positions. A scenario that historically precedes significant directional movements.
Concerning development: Bitcoin shorts total US$ 2.5 billion at risk of liquidation if price reaches US$ 72K. Large concentration of bearish bets at an important technical level.
News about quantum computers "breaking" Bitcoin in 9 minutes generates buzz, but CoinDesk clarifies that the scenario is theoretical and far from current reality. The crypto market has already demonstrated resilience to technological FUD.
Brazilian Perspective
For Brazilian investors, stability of the US dollar keeps BTC/BRL conversions relatively predictable. With Drex advancing in tests and crypto regulation consolidating, the domestic scenario remains constructive for long-term adoption.
Global extreme fear for 46 consecutive days creates opportunities for DCA (Dollar Cost Averaging). History shows that prolonged periods of Fear & Greed below 20 precede significant recoveries.
What to Watch Over the Weekend
- Bitcoin test support at US$ 65.970 or seek US$ 68.232
- Global volume — signals of institutional capital entry
- Ethereum confirm sustain above SMA50
- Short liquidations if BTC accelerates upward
- Development of discussions on prediction markets after regulatory controversies
Also read on ON3X: USDT vs USDC in 2026: Who's Winning the Stablecoin War and our investigation into the US$ 285 million Drift Protocol hack.
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.