Crypto Week: Bitcoin Flirts with US$ 82K and Dominance Reaches 60.6%
The week ending this Tuesday (05/05/2026) was marked by consistent upward movement in the crypto market, with Bitcoin leading the recovery after weeks of consolidation. BTC closed at US$ 81,394, accumulating gains of 6.6% in seven days and raising its dominance to 60.6% — the highest level since March.
The neutral sentiment of the Fear & Greed Index (50/100) indicates that the market has not yet entered excessive greed territory, leaving room for further gains. The total crypto market capitalization reached US$ 2.69 trillion, with daily volume of US$ 142.37 billion signaling renewed investor interest.
General Overview: Altcoins Lose Ground
Ethereum maintained its more modest recovery, rising 3.7% on the week to US$ 2,375, but its dominance fell to 10.7%. The performance difference between BTC and ETH reflects the typical flight-to-quality movement that precedes major market moves.
Interestingly, while Bitcoin consolidates above US$ 80K, altcoins cannot keep pace. TON led weekly gains with impressive 29.4%, followed by M (+28.1%) and B (+22.7%), but these are isolated movements in a sea of mediocre performance from major altcoins.
Bitcoin: RSI in Dangerous Territory
Bitcoin's technical analysis reveals a mixed scenario that demands attention. With RSI at 69.80, the asset is dangerously approaching the overbought zone, historically a precursor to corrections.
The current price of US$ 81,394 is positioned above the 20 and 50-period moving averages (US$ 77,328 and US$ 72,921, respectively), confirming the short-term uptrend. However, the SMA200 at US$ 83,417 still acts as significant resistance, creating an important technical ceiling.
The 7-day resistance at US$ 81,321 has already been broken, opening the way to the next zone at US$ 83,417. The relevant support is at US$ 75,775, a distance of 7% that offers reasonable safety margin for long positions.
Análise Técnica — Bitcoin
Ethereum: Controlled Consolidation
Ethereum presents more balanced technical signals, with neutral RSI at 55.70. The second-largest cryptocurrency is consolidating healthily above support of US$ 2,253, testing resistance at US$ 2,373.
The long-term technical structure is still bearish, with SMA50 17.9% below SMA200 — the largest gap between Bitcoin and Ethereum in this indicator. This suggests that ETH will need more time to confirm a structural reversal.
The current price of US$ 2,375 is practically stuck at weekly resistance, indicating that a break above could accelerate movement to US$ 2,421 (monthly resistance).
Análise Técnica — Ethereum
Week Highlights
The week's biggest gainers show an interesting pattern: tokens from specific layers and lower capitalization projects leading gains, while major altcoins lag behind.
On the loss side, the scenario is relatively controlled, with DASH leading declines at just 3%. This absence of major losers reinforces the constructive market scenario.
Stablecoin Rates
For Brazilian investors, monitoring stablecoin rates remains critical, especially with new Central Bank rules coming into effect.
Macro and Regulatory Context
The week was marked by significant regulatory developments. According to CoinDesk, Ripple's CEO warned that the market structure bill project is not a "done deal," despite commitments to stablecoins. This keeps U.S. regulatory uncertainty as a volatility factor.
In Brazil, the entry into force of Central Bank Resolution 521 puts self-custody wallets on the monetary authority's foreign exchange radar, a topic we covered in depth on ON3X this week.
Joseph Lubin, from ConsenSys, made optimistic statements about tokenization, stating that "the entire global economy will be tokenized." While it may sound exaggerated, the growth of stablecoins to US$ 321 billion in capitalization shows that asset tokenization is already a reality.
What to Expect Next Week
- US$ 83,417 Resistance: Bitcoin needs to overcome the SMA200 to confirm a new leg up
- RSI in Critical Zone: Any movement above 70 can trigger profit-taking
- Ethereum vs Bitcoin: ETH/BTC may test lows if Bitcoin dominance continues to rise
- Institutional Volume: With Kraken considering IPO and strategic partnerships, institutional volume could accelerate
- Macro Correlations: U.S. inflation data could affect risk appetite
The week built a technically favorable scenario for Bitcoin, but with warning signals that cannot be ignored. Elevated RSI and approach to main resistance suggest caution in the coming sessions. For traders, the US$ 75,775 level remains as relevant technical stop-loss.
Disclaimer: Crypto Radar is published daily by the ON3X team for informational purposes only. This content does not constitute investment recommendation. Conduct your own research before making financial decisions.