Radar Crypto — 12/05/2026
Bitcoin closed this Tuesday, May 12, 2026, at US$ 80,537, declining 1.6% over the last 24 hours. Ethereum remains under pressure at US$ 2,284, losing 2.4% in the same period. The global crypto market maintains capitalization of US$ 2.68 trillion, but trading volume remains contained at US$ 87.78 billion.
Bitcoin dominance strengthens at 60.1%, the highest level recorded since February. This indicates that, despite the price decline, BTC continues to be the safe haven for investors amid uncertainty. The Fear & Greed Index marks 49 points — neutral territory, but close to fear.
Bitcoin: Heated RSI, But Bearish Structure Persists
BTC is in a delicate technical situation. The RSI of 68.30 already signals an overbought zone, indicating imminent selling pressure. More concerning: the SMA50 still operates 9.8% below the SMA200, confirming the long-term bearish structure.
Análise Técnica — Bitcoin
The weekly resistance of US$ 82,146 proves solid. In the last three attempts, the price was rejected in this region. The monthly support of US$ 73,856 remains as the critical line of defense — if broken, the scenario becomes complicated for bulls.
Decreasing volatility suggests consolidation, but with a bearish bias. Smart money appears to be waiting for clearer signals of direction before positioning.
Ethereum: Trapped Between Moving Averages
ETH presents a mixed signal, operating between the SMA20 (US$ 2,317) and SMA50 (US$ 2,243). The neutral RSI of 49.60 offers no clear direction, but declining dominance at 10.3% shows relative weakness.
Análise Técnica — Ethereum
The bearish structure is even more pronounced in Ethereum, with the SMA50 operating 15.3% below the SMA200. The resistance of US$ 2,369 remains solid, while the support of US$ 2,285 was tested today and holds firm.
Movement of the Day
The positive highlight came with SKYAI, surging 18.4% amid renewed hype over decentralized AI projects. STABLE and B completed the podium of biggest gainers.
On the negative side, ONDO led the losses with a 9.3% decline. LUNC and PENGU also suffered relevant corrections, reflecting the movement of flight to higher liquidity assets.
Stablecoin Rates
Macro and Institutional Scenario
The institutional environment remains heated. According to CoinDesk, JPMorgan filed a request to launch a new tokenized fund, intensifying the tokenization race on Wall Street. The confirmation of Kevin Warsh for the Fed Board was also a highlight, with expectations of voting for the presidency of the American central bank.
The DTCC announced a partnership with Chainlink for a 24/7 collateral management network — another sign that crypto infrastructure is becoming mainstream. For the Brazilian market, these developments strengthen the case for greater institutional adoption of Drex.
ON3X Analysis
Our previous coverage highlighted the bearish pressure that was confirmed today. Yesterday's article "BTC Rises to US$ 81.8K" already warned of the technical resistance that halted the upward movement. Also read on ON3X: "BlackRock Files 17 Pages to Kill the 20% Cap" about the regulatory changes that may impact the sector.
What to Watch Tomorrow
- BTC reaction to the resistance of US$ 82,146 in a new breakout attempt
- ETH behavior near the support of US$ 2,285
- Trading volume — if it continues low, it indicates prolonged sideways movement
- US inflation data may influence overall market sentiment
- Developments on the CLARITY Act in the American Senate
Disclaimer: Radar Crypto is published daily by the ON3X team for informational purposes exclusively. This content does not constitute investment advice. Conduct your own research before making financial decisions.