Crypto Radar — May 10, 2026
Sunday consolidation in the crypto market. Bitcoin holds $80.737 with zero change in the last 24 hours, while Ethereum remains stable at $2.331. The total market of $2.69 trillion reflects a waiting phase, with investors awaiting catalysts for the next direction.
Bitcoin's 60% dominance signals relative strength, but the neutral Fear & Greed Index at 47 points shows the market has yet to define its next move. Volume of $77.97 billion suggests moderate activity for a Sunday.
Market Overview
The technical scenario presents mixed signals. Bitcoin above the 20 and 50-period moving averages indicates short-term uptrend, but the SMA200 at $82.717 acts as relevant resistance. The structure is still technically bearish, with SMA50 10.7% below SMA200.
Ethereum faces greater challenges. With SMA50 16.1% below SMA200, the bearish structure is more pronounced. The price at $2.331 is slightly above short-term averages, but far from SMA200 at $2.663.
Technical Analysis: Bitcoin
RSI at 59.60 points shows neutral territory, with no clear overbought or oversold signals. Weekly support at $79.824 was tested and held firm, while resistance at $81.425 has yet to be broken.
Decreasing volatility suggests that stronger movement is approaching. The narrow range between support and resistance of just $1.600 indicates price compression, typical before breakouts.
According to CoinTelegraph, Michael Saylor signals new Bitcoin purchase after comments on possible sale in Q1. This may explain price sustenance despite mixed technical structure.
Análise Técnica — Bitcoin
Ethereum: Bearish Pressure Persists
RSI at 44.20 shows relative weakness compared to Bitcoin. The price is squeezed between weekly support of $2.291 and resistance at $2.361 — an even tighter range than BTC.
The performance difference is clear from the data: Bitcoin rose 2.5% on the week against just 0.4% for Ethereum. CoinTelegraph highlights that ETH fell 35% versus Bitcoin over the past year, raising questions about the continuity of the bearish trend.
Análise Técnica — Ethereum
Top Movers of the Day
SUI leads gains with impressive 26.9%, followed by 币安人生 (+18.0%) and SEI (+9.7%). These isolated movements amid general stability suggest capital rotation toward specific altcoins.
On the downside, SIREN (-13.6%), SKYAI (-10.9%) and VVV (-9.5%) lead losses, indicating the market still punishes projects with questionable fundamentals.
Stablecoin Quotes
Stablecoins maintain stability, reflecting low speculative pressure at the moment. USDT and USDC operate within normal spreads, with no signs of despeg or significant premium.
Macro Context
The macro environment remains on hold. With Bitcoin consolidating near $80K, the market awaits economic data from the week to define direction. Correlation with traditional assets remains low, suggesting independent movement for crypto.
Brazilian Perspective
For Brazilian investors, BTC stability near $80K offers positioning opportunity without rush. With the dollar stable and no major weekend volatility, the moment favors careful technical analysis before new investments.
Also read on ON3X: our analysis of BlackRock's new tokenized funds (BSTBL and BRSRV) that could impact the Brazilian market, especially following Lagarde's comments on stablecoins.
What to Watch Tomorrow
- Breaking through Bitcoin's $81.425 resistance could open the way to $83K
- Monday volume will indicate whether consolidation continues or we see a breakout
- Ethereum needs to overcome $2.361 to show relative strength
- US economic data could influence correlation with traditional markets
- SUI movement deserves monitoring after 26.9% gain
Disclaimer: Crypto Radar is published daily by the ON3X team for informational purposes only. This content does not constitute an investment recommendation. Do your own research before making financial decisions.