Crypto Radar — March 24, 2026
Bitcoin is stuck around US$ 67,826 this Tuesday, 03/24/2026, unable to break resistances after a week of -4.1%. The extreme fear scenario with index at 8/100 continues, but technical data is beginning to signal oversold conditions. Ethereum shows slight strength with +0.9% on the day, reaching US$ 2,091.
The crypto market has been in defensive mode for weeks. With Bitcoin dominance at 58.1% and global volume of only US$ 96.82 billion, liquidity remains low. According to CoinDesk, Bitcoin has just entered the public securities market with Moody's first-ever rating for a crypto deal — a historic milestone that could bring institutional capital.
Market Overview
The global cap of US$ 2.34 trillion reflects a compressed but not broken market. Correlation with traditional stocks has decreased in recent weeks, according to CoinDesk's report on Bitcoin's historical performance versus stocks.
Geopolitical news dominates sentiment. Trump declared that the US will leave Iran "in 2 to 3 weeks", causing oil to plummet and stocks to rise. Bitcoin reacted positively alongside the S&P 500, confirming it still functions as a risk-on asset during moments of geopolitical relief.
Bitcoin: RSI Approaching Oversold
Bitcoin is in an interesting technical zone. RSI at 39.90 approaches oversold condition (30), historically preceding bounces. The current price of US$ 67,826 is below the 20 and 50-period moving averages, but above the weekly support of US$ 65,970.
The bearish structure remains clear: SMA50 is 24% below SMA200, indicating established downtrend. But stable volume and proximity to oversold suggest the worst may be priced in.
Weekly resistance at US$ 68,791 is the first barrier. If broken, the next target is US$ 74,858 — monthly resistance that could define whether we exit this bearish phase.
Análise Técnica — Bitcoin
Ethereum Shows Resilience
ETH is outperforming Bitcoin today with +0.9%, reaching US$ 2,091. The RSI of 40.90 is in neutral zone, better than BTC. More importantly: the price is between the 20 and 50-period SMAs, suggesting indecision rather than pure bearish.
Dominance of 10.8% shows ETH is not losing market share drastically. With weekly support at US$ 1,983 holding firm, Ethereum could lead an eventual recovery.
CoinTelegraph reports Solana DEX volumes at 2024 lows, indirectly benefiting the Ethereum ecosystem. If SOL cannot hold US$ 80, capital could migrate back to ETH.
Análise Técnica — Ethereum
Today's Highlights
ALGO surges +19% leading gains, followed by STABLE with +14.2%. On the downside, RIVER plummets -7.1% and CHZ falls -4.4%.
Stablecoin Rates
For Brazilian investors, stablecoin rates remain competitive. With the dollar slightly higher against the real, USDT and USDC offer natural currency hedging.
Macro Context
The geopolitical scenario is defining market direction. Oil fell following declarations about ending the Israel-Iran conflict, easing inflationary pressures. DXY shows strength, but not enough to break Bitcoin supports.
Also read on ON3X: our analysis on how the US-Iran war is impacting Bitcoin as a safe haven, and the Federal Police operation that seized R$ 934 million in crypto money laundering in Brazil.
What to Watch Tomorrow
- Bitcoin RSI: if it breaks 30, we'll be in technical oversold territory
- Volume: we need to see increases to confirm any movement
- Resistance at US$ 68,791 on BTC — breakthrough changes the game
- Ethereum attempting to reclaim SMA20 at US$ 2,119
- Geopolitical developments: conflict ending could bring risk-on flow
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.