Crypto Radar — April 10, 2026: Extreme Fear with BTC at US$ 71.1K

Bitcoin Tests US$ 71K on Extreme Fear Friday

The crypto market closes out a positive week this Friday (10/04/2026) with Bitcoin trading at US$ 71,093 and sentiment still immersed in extreme fear. Despite a marginal 0.1% decline over the last 24 hours, BTC has accumulated a 2.4% gain over 7 days, signaling that the worst of the correction may be behind us.

The Fear & Greed index at just 12 points confirms what we already know: the market is at the psychological bottom. But therein lies the paradox. Historically, these levels of extreme panic mark excellent entry points for those with strong stomachs.

Ethereum follows Bitcoin's lateral movement, trading at US$ 2,194 with a 0.2% daily decline. The total market sums to US$ 2.42 trillion in capitalization, with daily volume of US$ 72.93 billion — numbers that show a market still cautious, but far from total capitulation.

Bitcoin: RSI at 66 Signals Technical Pause

Bitcoin is in an interesting position. With RSI at 66.2 points, it's moving into overbought territory following the rally of recent days. The price remains above the 20 and 50 period moving averages (US$ 69,174 and US$ 69,216 respectively), confirming a bullish short-term trend.

But the larger structure is still bearish. The SMA50 remains 21.1% below the SMA200 (US$ 87,678), a configuration that traditionally requires patience. The weekly support at US$ 70,757 is being tested, while resistance at US$ 73,054 marks the next challenge.

According to CoinDesk, companies like Strategy are buying heavily — 13,927 bitcoins for US$ 1 billion entirely through STRC. This constant institutional flow puts a floor of demand that explains why BTC can't break drastically lower, even with such negative sentiment.

Ethereum: Similar Pattern to Bitcoin

ETH replicates Bitcoin's behavior with RSI at 63.5 points and price sustained above the 20 and 50 period averages. The difference lies in the intensity of the larger correction: while BTC is 18% below the SMA200, Ethereum has accumulated a 28.3% gap — a deeper wound that requires more time to heal.

With weekly support at US$ 2,189 being defended and resistance at US$ 2,285, ETH needs to reclaim the US$ 2,300 range to gain real momentum. The monthly support at US$ 1,983 remains as the last line of defense.

Rampant Speculation: RAVE Surges 254%

While Bitcoin and Ethereum consolidate sideways, the speculative side of the market explodes. RAVE leads gains with an impressive 254.1% in 24 hours, followed by STABLE (+15%) and VVV (+7.7%). This divergence is classic: when major cryptos pause, money migrates to higher-risk bets.

On the losers' side, Polkadot (-4.8%), Chiliz (-4.6%) and SKY (-4%) lead the declines. Nothing dramatic, just natural capital rotation in a market without clear direction.

Stablecoin Rates

Macro Scenario: ETFs and Institutional Flows

The week brought optimistic data from the institutional market. According to CoinTelegraph, crypto ETPs registered US$ 1.1 billion in inflows — the largest gains since January. This movement confirms that smart money is positioning for the next leg up, even with retail sentiment in the basement.

South Korea adds another relevant data point: API trading now represents 30% of the local market. This growing automation brings liquidity and efficiency, but it also means that technical moves are amplified by algorithms — both up and down.

What to Watch Tomorrow

The weekend will be crucial in determining whether Bitcoin sustains US$ 70K or if we need to test the monthly support at US$ 65,970. With RSI near overbought and market still in extreme fear, the technical vs. sentiment divergence is creating an interesting setup.

• Sustaining BTC's weekly support at US$ 70,757
• Volume behavior during the weekend
• Possible technical RSI correction before another rally
• ETF flows next week
• Development of projects that surged today (RAVE, STABLE)

The market's golden rule still holds: when there's blood in the streets and fear dominates, the coming months tend to reward those brave enough to enter. The question is timing and risk management.