Crypto Radar — Monday, April 20, 2026
Bitcoin broke through the US$ 78,000 resistance level on Monday, trading at US$ 78,429 with a 3.2% gain over the last 24 hours. The move confirms the strength of the rally that started last week, but technical data shows a market divided between short-term optimism and still bearish long-term structure.
With global market cap reaching US$ 2.62 trillion and BTC dominance at 59.8%, the king of cryptocurrencies continues to set the pace. Ethereum follows with US$ 2,410 and a 4.5% daily gain. The Fear & Greed Index remains in the fear zone (32/100), creating an interesting divergence with price movement.
Market Overview
Trading volume of US$ 149.59 billion in the last 24 hours indicates healthy participation, while altcoins show signs of life with PENGU leading gains (+12.7%) followed by SPX (+11.0%). On the downside, 币安人生 plummets 18%, reflecting nervousness still present in some sectors.
The current dynamic is very reminiscent of late 2022: widespread fear coexisting with positive technical moves. Smart money taking advantage of depressed levels while retail digests losses from recent months.
Bitcoin: Decisive Test at US$ 78K
The RSI at 69.10 shows Bitcoin approaching overbought territory, but still with room for extension. Price action above the 20 and 50-period moving averages confirms short-term bullish momentum.
The big question lies in macro structure: SMA50 still operates 17.4% below SMA200, characterizing an active "death cross". Historically, Bitcoin needs to reverse this dynamic to confirm structural trend change.
Análise Técnica — Bitcoin
Critical support at US$ 73,856 (7 days) functioned as a springboard for this move. Resistance at US$ 78,398 is being tested now. Sustained breakout opens the path to US$ 82-85K, the SMA200 zone.
According to CoinDesk, "the signal momentum traders were waiting for has arrived". Stable volume with controlled volatility suggests institutional accumulation, not retail FOMO.
Ethereum: Following with Strength
ETH surprises with superior performance to Bitcoin (+4.5% vs +3.2%), a move that may indicate sectoral rotation beginning. RSI at 63.00 offers room for continuation without immediate overbought pressure.
Technical structure mirrors Bitcoin: short-term bullish trend (price above SMA20/50) but SMA50 still 23.6% below SMA200. Resistance at US$ 2,421 tested successfully today.
Análise Técnica — Ethereum
ETH dominance at 11.1% remains stable, but percentage gains superior to BTC may signal the beginning of altcoin season that many await.
Major Movements
Altcoins show life with PENGU surging 12.7%, while SPX (+11.0%) and EDGE (+9.4%) complete the podium of biggest gainers. Performance suggests appetite for risk gradually returning.
On the downside, 币安人生 leads losses with an 18% drop, followed by DEXE (-8.3%) and VVV (-6.6%). Normal dispersion in an environment of uncertainty.
Stablecoin Rates
Macro Scenario and Newsflow
Weekend news brings mixed elements. CoinTelegraph reports that the Bollinger Bands indicator suggests "powerful" movement imminent for Bitcoin, while data from CertiK alerts to growing activity from the Lazarus Group.
Regulatory remains in focus with SEC "close" to exemption for tokenized securities onchain, according to Atkins. A development that could unlock trapped institutional capital.
Kraken processed 56 million tax forms for 2025, with a third below US$ 1. Data shows growing ecosystem maturity, but also a still significant base of small investors.
Outlook for Brazilian Investors
With USD/BRL operating at elevated levels, Brazilians face a double challenge: Bitcoin rising in dollars, but real weakening. A positive move, but gains partially diluted by local currency.
Fear & Greed at 32/100 for 6 consecutive months creates a historic accumulation opportunity. Extended periods of extreme fear preceded the greatest rallies in crypto history.
What to Watch Tomorrow
- Bitcoin sustaining above US$ 78,000 — first strength test
- Institutional volume continuing at elevated levels
- Relative ETH vs BTC performance — signal of altcoin rotation
- RSI approaching critical 70 zone — possible technical correction
- American regulatory newsflow after price movement
Disclaimer: Crypto Radar is published daily by the ON3X team for informational purposes only. This content does not constitute investment advice. Conduct your own research before making financial decisions.