Technical Analysis

Bitcoin was rejected near $69,000 on Wednesday and held around $66,000 through the week as oil jumped and risk appetite softened. Private credit fund redemption limits, rising US continuing jobless claims, ETF outflows, and reported miner/corporate sales have added near-term pressure. Traders are watching whether BTC can keep support into the Easter market closure while the $75,000 target remains dependent on improving risk perception.

Crypto analyst Minga says Bitcoin is nearing a macro bottom and argues the $58,900–$54,500 range could act as a spot-buying area this cycle. He also outlined a max-pain scenario down to $37,000, while keeping a longer-term projection of a move beyond $120,000 and potentially toward $190,000 in the next bull cycle.

Polymarket has added Pyth Network as the resolution source for a new set of traditional-asset prediction markets, enabling trading tied to U.S. equities, commodities, and ETFs. The rollout includes daily up/down and daily close markets for major equity indices, plus gold, silver, WTI crude, and natural gas, along with more than a dozen U.S. stocks such as Tesla, Coinbase, Palantir, Nvidia, and Apple.

Ether (ETH) is at risk of sliding toward its year-to-date low at $1,736 if buyers cannot secure daily closes above the $2,150–$2,400 band. A break under the ascending trendline would likely shift attention to $1,900 liquidity, while derivatives data shows heavy futures-led selling that could raise downside pressure.

HBAR saw fresh ETF demand in March 2026, logging $2.12 million of net inflows and placing fourth among spot crypto ETF products. Even so, analysts cited $0.098 as a key level to reclaim, while derivatives data showed $184K in liquidations and a 24-hour long/short ratio of 0.94.

An analyst argues that Bitcoin printing six consecutive red monthly candles since October 2025 is not necessarily bearish and could be closer to a turning point than many expect. They compare the setup to August 2018–January 2019, when BTC fell from about $7,700 to around $3,500 before rallying to nearly $10,500 by May 2019 and pushing $13,000 in June. Using that template, the analyst outlines scenarios ranging from a 2x rebound from the $67,000 area to a 3x–4x move that would imply $180,000–$250,000.

Hyperliquid's HYPE fell below $35, dropping 6.5% over 24 hours after a $376 million token unlock added fresh selling pressure. The unlock equaled 2.39% of circulating supply, while open interest climbed to $1.56 billion and traders watched support near $33 with resistance at $40–$43.

StakeStone (STO) has delivered the most explosive performance in the current market cycle, skyrocketing 302.93% to trade at an all-time high of $1.74 as of Thursday, April 2, 2026. While the broader crypto market remains under pressure, STO has completely decoupled, printing a near-vertical God candle that has pushed its fully diluted valuation (FDV) to the $1 billion milestone. This historic move was ignited by a massive supply shock on major exchanges, as institutional-sized wallets moved to corner a significant percentage of the token's circulating supply.

Stakestone's token STO rallied 755% in 48 hours, climbing from $0.11 to $0.94. On April 2, 2026, Lookonchain reported a newly created wallet deposited 28 million STO ($10.12 million), or 12.43% of circulating supply, to Gate after withdrawing 25.5 million STO ($4.85 million, 11.32% of supply) from Binance in the prior 20 hours.

Luxor Technology Corporation launched Commander on April 1, 2026, positioning it as a fleet-management layer for bitcoin miners that combines real-time monitoring with remote control. The company says the platform integrates with its existing stack managing over 1 GW of compute and mining power, while its Intelligent Miner algorithm checks market conditions every five minutes and targets 8% to 14% higher profitability versus standard curtailment.