Crypto Radar — May 11, 2026
Bitcoin closed this Monday at US$ 81.807, rising 1.3% over the last 24 hours. The move maintains dominance at 60.2%, but the technical scenario calls for caution. With RSI at 69.7, the asset approaches the overbought zone, while moving averages still draw a bearish structure in the medium term.
The total cryptocurrency market moved US$ 99.85 billion in daily volume, with capitalization of US$ 2.72 trillion. The Fear & Greed Index marks 48 points — neutral territory that reflects indecision among institutional players.
Ethereum follows in a holding pattern, quoted at US$ 2.339 with modest gains of 0.3%. The second largest crypto loses ground to Bitcoin, with dominance falling to 10.4%. The sideways movement of recent weeks indicates accumulation, but lacks a catalyst to break the US$ 2.369 resistance.
Bitcoin: Short-Term Strength, Fragile Structure
Bitcoin's movement over the last 24 hours carries contradictory signals. The price broke through immediate resistance of US$ 80.022 and now targets US$ 82.146. Problem: RSI at 69.7 indicates exhaustion of buying strength in the short term.
The medium-term structure remains bearish. The SMA50 still operates 10.2% below the SMA200, configuring a death cross that limits more significant rallies. The critical 30-day support is at US$ 70.757 — a level that cannot be lost without serious consequences for the current cycle.
Análise Técnica — Bitcoin
Declining volatility signals lower speculative interest. Stable volume indicates that major players have not yet defined direction. In other words: Bitcoin is in a technical decision zone, but without conviction from either side.
Ethereum: Silent Accumulation
Ethereum presents more balanced signals. RSI at 56.1 offers margin for both upside and downside, while the price remains above 20 and 50-period moving averages. The 15.6% distance between SMA50 and SMA200 still configures structural bearish trend, but less aggressive than Bitcoin.
The 7-day support at US$ 2.291 has been respected for a week. A breakout opens the path to US$ 2.192. On the other hand, breaking the US$ 2.369 resistance could accelerate movement to US$ 2.421.
Análise Técnica — Ethereum
Ethereum's stability contrasts with Bitcoin's restlessness. While BTC accelerates toward the overbought zone, ETH maintains accumulation pace — a more defensive strategy amid macro uncertainty.
Market Movements Today
The altcoin market brought surprises today. B surged 46.8%, followed by H (+20.9%) and VVV (+18.8%) — typical moves of low caps leveraging concentrated liquidity. On the downside, SKYAI plunged 15.9%, JUP retreated 6.1% and SUI lost 4.9%.
Macro and Regulatory Scenario
The regulatory news keeps moving. According to CoinDesk, Michael Saylor called bitcoin sales a "big nothing burger" — a sign that MicroStrategy maintains a long-term hold strategy. Meanwhile, Kraken seeks to raise US$ 20 billion in valuation before its IPO, a move that could bring greater institutional liquidity to the sector.
Ripple's expansion with a US$ 200 million credit line for institutional prime brokerage shows that demand for traditional crypto services continues to grow, even in a sideways market.
Stablecoin Rates
Stablecoin rates reflect stability in the Brazilian market. USDT and USDC operate close to parity with minimal spread, indicating healthy liquidity in BRL pairs.
Also Read on ON3X
Our regulatory coverage highlighted important moves: "BlackRock Files 17 Pages to Kill the 20% Cap" analyzes the seven demands that could rewrite the GENIUS Act and save US$ 2.6 billion from BUIDL. Meanwhile, "BSTBL and BRSRV: BlackRock Files Two Tokenized Funds" details how the asset management giant responded to Lagarde's attacks against stablecoins.
What to Watch Tomorrow
- Bitcoin's reaction at the US$ 82.146 resistance — breakout or reversal?
- Ethereum volume: continuation of accumulation or start of directional movement
- Sustaining 7-day support levels in both assets
- Evolution of the Fear & Greed Index: exit from neutrality could define next moves
- Impact of American regulatory news on overall market sentiment
Disclaimer: Crypto Radar is published daily by the ON3X team for informational purposes only. This content does not constitute investment recommendations. Do your own research before making financial decisions.