Bitcoin Wakes Up From Hangover: +8.9% Rally in 7 Days With RSI in Danger Territory
Monday, April 13, 2026, and Bitcoin breaks out of the US$ 70,000 doldrums with authority. US$ 74.653 in current quote, a jump of +5.4% in the last 24 hours that carries the weekly accumulation to an impressive +8.9%. But the technical numbers tell a different story than what this morning's euphoria suggests.
The stage is set for a correction. RSI at 73.1 — clear overbought territory — while the Fear & Greed index plummets to 12 points, marking extreme fear in the market. It's the classic divergence that precedes sharp moves: price rising, sentiment plummeting.
Technical Structure Reveals Structural Fragility
Behind the apparent rally, Bitcoin still carries deep scars. The SMA50 is 21% below the SMA200 — a gap that screams "bearish structure" to any experienced trader. Even with the price above short-term averages (SMA20 and SMA50), the long-term trend remains compromised.
Weekly resistance at US$ 74.621 has already been broken, but the real battle is at monthly resistance of US$ 74.858. If it can't sustain above this level with consistent volume, the correction to support of US$ 65.970 becomes reality quickly.
Increasing volume with rising volatility confirms: we're at a defining moment. Smart money has already positioned, now it's time for the market to decide whether to sustain the breakout or hand the move to the bears.
Análise Técnica — Bitcoin
Ethereum Accelerates More Than Bitcoin: Sign of Alt Season?
While Bitcoin gains +5.4%, Ethereum surges +7.2% and accumulates +12.4% on the week. US$ 2.351 in current quote, with RSI at 70.6 — also in dangerous territory, but with stronger momentum than BTC.
Bitcoin's dominance at 59.2% suggests we haven't entered a complete alt season yet, but ETH leading the rally is always a leading indicator. Historically, when Ethereum outperforms Bitcoin over several consecutive sessions, altcoins begin to wake up.
Análise Técnica — Ethereum
Structurally, ETH faces the same problems: SMA50 28.3% below the SMA200. But the price has already broken the weekly resistance of US$ 2.351 and now tests the monthly at the same level. Sustaining here opens the path to US$ 2.500.
Macro Environment: Oil Pullback Relieves Inflationary Pressure
According to CoinDesk, the pullback in oil below US$ 100 is giving relief to the crypto market. Less inflationary pressure means a less aggressive Fed, which historically benefits risk assets like Bitcoin.
The move coincides with SEC signals on regulatory flexibility for crypto interfaces, as reported by CoinTelegraph. Clearer regulatory environment + lower inflationary pressure = recipe for continued rally.
Stablecoin Rates
Top Movers: RAVE Explodes +63.6% in Mysterious Move
RAVE leads gainers with spectacular +63.6%, followed by AAVE (+12.2%) and VVV (+11.2%). CoinDesk reports an obscure token with a 6,000% rally that's confusing traders — signs that speculative capital is migrating to lower-cap assets.
On the losers side, only JST (-2.3%) figures with relevant losses. Broadly positive market, but concentrated — a typical characteristic of either the beginning of a bullish cycle or a well-mounted bull trap.
Also read on ON3X: "Korean Déjà Vu: GDAC Exchange Hacked Again" — another reminder that security remains the industry's Achilles heel, even in moments of euphoria.
What to Watch Tomorrow
- Bitcoin: Sustaining above US$ 74.858 (monthly resistance) — failure here opens correction to US$ 70.757
- RSI: Both BTC and ETH in critical territory (>70) — bearish divergences can form
- Volume: Breakout confirmation needs sustained increasing volume
- BTC Dominance: Drop below 58% would signal beginning of more consistent alt season
- Macro: Oil staying below US$ 100 and US inflation data
Disclaimer: Crypto Radar is published daily by the ON3X team for exclusively informational purposes. This content does not constitute an investment recommendation. Do your own research before making financial decisions.