Radar Crypto — May 27, 2026
The crypto market enters Wednesday, 05/27/2026, with Bitcoin hitting US$ 74.275 and the Fear & Greed Index stuck at 25 points — extreme fear territory we haven't seen in weeks. The selling pressure is real, but technical data is starting to paint an interesting picture for those who know how to read the numbers.
With Bitcoin's RSI at 31.70 and Ethereum plummeting to 23.80, we're officially in oversold territory. The market is like a rubber band stretched too tight: the tension is palpable, but historically these conditions precede relief moves.
Market Overview
The global market cap of US$ 2.49 trillion confirms we're not in a crash, but in healthy correction. Bitcoin maintains robust dominance of 59.7%, signaling that institutional money hasn't fled — just repositioned.
Volume of US$ 86.12 billion in the last 24 hours indicates active participation, not capitulation. When the market really breaks, volume dries up. Here we have liquidity, we have interest. What's missing is confidence.
Bitcoin: Testing the Bottom
Bitcoin is at a clear technical crossroads. At US$ 74.322, we're testing the critical support of the last 30 days. Breaking here opens the path to US$ 70 thousand. Holding confirms the worst is already over.
The RSI at 31.70 is textbook oversold. In the last significant corrections of 2025 and early 2026, technical bounces started exactly in this region. The difference is that now we have bearish structure: SMA50 is 3.7% below SMA200, a configuration that historically persists for weeks.
Price below the 20, 50 and 200 period moving averages confirms established downtrend. But pay attention: the distance from SMA20 is at 5.1%, a level that the last few times generated automatic rebounds when combined with oversold RSI.
Análise Técnica — Bitcoin
Ethereum: Extreme Oversold
If Bitcoin is oversold, Ethereum is in liquidation territory. RSI of 23.80 is the lowest reading since March 2024. At US$ 2.018, we're testing exactly the psychological support of US$ 2 thousand.
ETH's bearish structure is more severe than BTC's: SMA50 is 10.6% below SMA200. This won't resolve in days, it resolves in weeks. But extreme oversold historically generates technical bounces of 15-20% before trend continuation.
Declining volume indicates selling pressure is exhausting. Smart money doesn't sell in extreme oversold — it buys. The question is timing.
Análise Técnica — Ethereum
Daily Movements
While Bitcoin and Ethereum bled, some altcoins took the chance to shine. Hedera (H) surged 11.1%, Stellar (XLM) rose 9.9% and Internet Computer (ICP) advanced 8.1%. Classic rotation move: when majors fall, speculative microcaps can perform on technical momentum.
On the downside, Worldcoin (WLD) plummeted 9.4%, Render (RENDER) lost 7.9% and Celestia (TIA) fell 6.6%. Predictable pattern: more speculative tokens amplify the majors' correction.
Stablecoin Quotes
Macro and Regulatory Context
According to CoinDesk, a Google engineer was accused of insider trading using search results on Polymarket. The case reinforces the need for stricter regulation in prediction markets, but doesn't directly affect the spot market.
More relevant: Crypto PACs are expanding their presence in Congress, supporting pro-crypto candidates in Texas primaries. This long-term movement could be more important than short-term price fluctuations.
The potential merger between Tesla and SpaceX, if materialized, could make Elon Musk one of the five largest corporate Bitcoin holders. Speculation at the moment, but showing how the institutional narrative remains alive.
Brazilian Perspective
With USDT quoted near R$ 5.30 and dollar strength pressuring the real, Brazilian investors feel double impact: crypto correction + adverse exchange rate. For those operating in reals, the reality is even more bitter.
The national regulatory context remains stable. Drex moves forward in testing, but without direct impact on the spot market. PIX continues dominating instant payments, leaving stablecoins in a complementary position.
Also read on ON3X: our analysis on how Brazilian criminal factions are using Bitcoin farms for money laundering, changing the landscape of digital security in the country.
What to Watch Tomorrow
- BTC critical support: holding US$ 74.322 is crucial to avoid testing US$ 70 thousand
- ETH RSI: any move above 25 could generate immediate technical bounce
- Volume: increase in the next 24 hours would confirm buyer interest at oversold levels
- BTC Dominance: move above 60% would indicate continued flight to quality
- Fear & Greed: reading above 30 would signal beginning of sentiment recovery
Oversold market doesn't guarantee immediate rally, but historically offers the best medium-term opportunities. The question isn't if there will be a bounce — it's when and with what intensity.
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.