Crypto Radar — Wednesday, 06/05/2026
The crypto market is experiencing a peculiar moment this Wednesday, 06/05/2026. Bitcoin oscillates near US$ 81,566 with modest gains of 0.1% in 24 hours, but accumulating 7.4% for the week. Dominance remains solid at 60.4%, while overall sentiment navigates moderate fear with an index of 46 points.
The current dynamics reflect a market in transition. The global volume of US$ 161.13 billion remains robust, but indecision is clear: Bitcoin flirts with resistances while Ethereum retreats 0.9% in the last 24 hours to US$ 2,355.
The American regulatory scenario offers some interesting catalysts. According to CoinDesk, the White House aims to approve the Clarity Act by July 4, with adviser Patrick Witt signaling that updates on the national Bitcoin reserve should come out "in the coming weeks". Pressure for clear definitions is growing, especially following the victory of pro-crypto candidates in Indiana Republican primaries.
Bitcoin: RSI in Dangerous Zone
Bitcoin is in a delicate technical position. The RSI of 65.30 is rapidly approaching the overbought zone, while the current price of US$ 81,566 tests the weekly resistance of US$ 81,536. It's a scenario where every move counts.
The moving averages structure reveals the complexity of the moment: SMA20 at US$ 77,627 and SMA50 at US$ 73,065 sustain the short-term bullish trend, but the SMA200 of US$ 83,287 remains as crucial resistance. The 12.3% gap between SMA50 and SMA200 shows that the long-term structure is still bearish.
The weekly support of US$ 76,287 will be decisive if RSI forces a correction. With volume in high volatility, any movement can be amplified.
Análise Técnica — Bitcoin
Ethereum: Forced Consolidation
Ethereum presents a more neutral picture, but no less important. The RSI of 46.50 offers room for movement in both directions, while the price oscillates between the support of US$ 2,256 and the resistance of US$ 2,361.
The 17.6% difference between SMA50 (US$ 2,220) and SMA200 (US$ 2,694) is even larger than in Bitcoin, signaling that Ethereum needs more time to rebuild a solid bullish structure. The current price above SMA20 maintains the positive short-term bias.
Análise Técnica — Ethereum
Day's Movements
The highlight goes to TON, which surges 22.4% leading daily gains. VVV (+20.7%) and NEAR (+16.8%) complete the podium of the biggest gainers. On the opposite side, LUNC plummets 8% followed by JST (-5%) and PENGU (-4.2%).
Stablecoin Rates
For the Brazilian investor, monitoring stablecoins remains fundamental, especially with the real maintaining pressure amid discussions about domestic monetary policy.
Macro Overview
The global market of US$ 2.70 trillion reflects institutional caution. Bitcoin spot ETFs have resolved the access issue, but as sector panelists pointed out to CoinDesk, custody and advisory questions are still lagging in mainstream adoption.
The joint dominance of Tether and Circle in the stablecoin market raises concerns about centralization, according to Bridge executives. In parallel, Switzerland advances in regulation with Amina Bank becoming the first regulated bank to custody Canton Coin.
Read also on ON3X: our survey on RWA of US$ 19.3 billion in Q1 2026 shows how Brazil remains off the map for real asset tokenization, while tokenized treasury bonds grow 225%.
What to Watch Tomorrow
- Bitcoin's RSI behavior near 70 points - correction or breakthrough?
- Trading volume to confirm or deny current momentum
- Bitcoin dominance movement - maintaining above 60% is crucial
- Market reaction to possible statements on American regulation
- Sustaining technical supports in case of institutional profit-taking
Disclaimer: Crypto Radar is published daily by the ON3X team for informational purposes only. This content does not constitute investment advice. Do your own research before making financial decisions.