Radar Crypto — May 28, 2026
The crypto market on Thursday, 28/05/2026, continues under strong selling pressure. Bitcoin is at $73.751, down 0.8% in the last 24 hours and 5% on the week. Ethereum remains stable at $2.018, but carries a weekly loss of 5.3%. With Fear and Greed index at 22 points, we are in extreme fear territory.
Bitcoin dominance rose to 59.6%, signaling a flight to quality within the crypto universe itself. When investors abandon altcoins in favor of BTC, the scenario is rarely bullish in the short term. Total market cap is at $2.48 trillion, with 24h volume at $104.15 billion.
Bitcoin: RSI in Capitulation Territory
Bitcoin's RSI plunged to 20.40, entering extreme oversold territory. Historically, levels below 25 precede technical bounces, but the intensity of selling pressure is still concerning. The price is 5.4% below the SMA20 of $77.955 and 4.4% below the SMA50.
Análise Técnica — Bitcoin
The technical setup shows SMA50 crossing below SMA200 by 3.5%, confirming a medium-term bearish structure. The critical support of the last 30 days is exactly at the current level of $73.740. A definitive breakdown would open the way to $68-70k.
Increasing volume during declines indicates active distribution, as CoinTelegraph mentioned. Large players are reducing exposure, but the extremely low RSI suggests that the worst of the selling pressure may be near its end.
Ethereum: More Oversold than Bitcoin
Ethereum presents an even lower RSI: 19.60. It is the most oversold level since August 2022. The price is 7% below the SMA20 and 10.6% below the SMA50. The difference between SMA50 and SMA200 reached 10.5%, indicating bearish momentum more intense than Bitcoin.
Análise Técnica — Ethereum
The support of $2.018 is being tested for the fourth time in 30 days. Historically, supports tested multiple times tend to break on the fifth or sixth attempt. The immediate resistance at $2.116 needs to be reclaimed to neutralize the pressure.
According to a CoinDesk report, the Ethereum Foundation returned to the center of the crypto "culture war", which may be weighing on ETH sentiment. Regulatory controversies always impact Ethereum more than other altcoins.
Today's Movements
Stellar (XLM) leads gains with impressive 29.8%, followed by Hedera (HBAR) with 7.2% and Algorand (ALGO) with 4.8%. These are base layer tokens that benefit from rotation toward projects with solid technical fundamentals.
On the negative side, Worldcoin (WLD) plummets 16.3%, Bitcoin Cash loses 10.2% and Monero also declines 10.2%. The WLD drop may be related to growing regulatory concerns about privacy, a topic that gained prominence after SEC Commissioner Peirce defended privacy tools against surveillance pressures.
Stablecoin Rates
Macro and Regulatory Scenario
The regulatory environment is moving. Trump promised to "shield" crypto regulation with the CLARITY Act, while France set a June 30 deadline for MiCA licensing. Regulatory pressure in Europe may be contributing to negative sentiment.
FalconX confidentially filed its IPO with the SEC, a sign that crypto companies continue seeking access to the traditional public market. Paradoxically, this could pressure prices in the short term, as IPOs frequently involve token sales to finance operations.
Trezor integrated native yield for USDT and USDC via Morpho, showing that DeFi infrastructure continues maturing even during price corrections. Developments like this are structurally bullish, but irrelevant to short-term sentiment.
What to Watch Tomorrow
- Definitive test of Bitcoin's $73.740 support
- RSI recovery above 25 in both BTC and ETH
- Volume during potential technical bounce
- France's deadline for MiCA licensing (June 30 approaching)
- Market reaction to possible news about Trump's CLARITY Act
With RSI at capitulation levels and extreme fear persisting, the scenario is technically prepared for a bounce. The question is whether there will be a fundamental catalyst to convert technical oversold into sustained upside.
Disclaimer: Radar Crypto is published daily by the ON3X team for informational purposes exclusively. This content does not constitute an investment recommendation. Do your own research before making financial decisions.
