Radar Crypto — 05/24/2026
Sunday consolidation in the crypto market with Bitcoin testing US$ 76.095 in extreme fear territory. The RSI at 27 points signals oversold conditions that historically precede relief movements, but the bearish structure remains intact with moving averages pointing downward.
The technical scenario shows Bitcoin pressured below the 20 and 50 period moving averages, while Ethereum plummets to critical levels with RSI at just 19 points — the lowest since March 2023. BTC dominance remains stable at 60%, indicating the movement is not a generalized flight to altcoins, but rather coordinated correction.
Bitcoin: Oversold RSI, But Bearish Structure Remains
Bitcoin operates at US$ 76.095 after declining 2.9% for the week. The RSI at 27.40 marks extreme oversold territory, historically associated with short-term technical bounces. However, the macro structure remains deteriorated.
Análise Técnica — Bitcoin
The SMA50 broke below the SMA200 by 4.7%, confirming the death cross we signaled three weeks ago. The immediate support at US$ 75.483 coincides with the January accumulation zone, while resistance at US$ 77.546 marks last week's high.
Declining volume suggests selling exhaustion, but there are still no consistent reversal signals. Bitcoin is like a boxer cornered in the ring: with no room to counterattack, but also without having taken the definitive knockout blow.
Ethereum: Capitulation at Critical Levels
Ethereum plummets to US$ 2.066 with RSI at 19.40 — extreme capitulation territory. The weekly decline of 5.7% places ETH below the psychological support of US$ 2,100, testing three-month lows.
Análise Técnica — Ethereum
The gap between SMA50 and SMA200 widens to 11.1%, signaling intense selling pressure. According to CoinTelegraph data, Tom Lee's portfolio recorded losses of US$ 7.35 billion with the deterioration of Ethereum's outlook — reflecting institutional anxiety.
Vitalik Buterin responded to criticism about Ethereum Foundation neutrality, but the market remains skeptical. Support at US$ 2.064 represents the last line of defense before testing US$ 1,900.
Market Movement
The Fear & Greed index at 25 points marks extreme fear for the 12th consecutive day. Historically, prolonged periods below 30 precede medium-term reversals, but timing remains uncertain.
DEXE leads the gains with an 11.1% increase, taking advantage of the momentum from DeFi protocols in technical recovery. HYPE and H complete the top 3, both benefiting from specific niche flows.
TIA plummets 8.2% after selling pressure on modular infrastructure tokens. CHZ and JUP complete the largest losses, reflecting aversion to lower market cap projects.
Stablecoin Rates
Macro Scenario and News
The week was marked by significant regulatory developments. According to the New York Times, CFTC officials who questioned prediction markets were suspended — a move that could benefit decentralized betting platforms.
The US$ 54 million settlement between the firm Fenwick & West and FTX victims signals progress in recoveries, but the impact on sentiment remains marginal. Coinbase, for its part, claims not to fear competition from Wall Street — confidence that may prove premature with the entry of traditional players.
A CoinDesk report highlights a US$ 1 trillion hidden market awaiting unlock on Bitcoin, while experts warn that AI is accelerating quantum threats to cryptography. Developments that deserve attention from long-term investors.
What to Watch Tomorrow
- BTC Support: Test of US$ 75.483 could define weekly direction
- Ethereum RSI: Technical bounce from 19 points or further decline?
- Volume: Activity recovery could confirm end of correction
- BTC Dominance: Maintenance of 60% indicates healthy consolidation
- Fear & Greed: Exit from extreme fear zone would be first bullish signal
Also read on ON3X: "Crypto Radar — May 23, 2026: BTC Rises to US$ 76.7K" for context on recent volatility.
Disclaimer: Radar Crypto is published daily by the ON3X team for informational purposes only. This content does not constitute investment recommendation. Do your own research before making financial decisions.
