Three daily crossovers in 72 hours, $1B+ in weekly ETF flows. Plus the on-chain catch.

Bitcoin MACD

Your weekly crypto brief

May 3 – May 10, 2026

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Quick Pulse

• Past 7 days — BTC: $81,050 (+3.2%)  •  ETH: $2,337 (+0.6%)  •  SOL: $94.14 (+12.2%)

• Three priority coins fired bullish daily MACD crossovers within 72 hours — BTC, SOL, then ETH.

• Top story: U.S. spot Bitcoin ETFs took in over $1B in weekly inflows — first time since January.

The Signal

After weeks of sideways drift near the April lows, the priority coins changed direction in 72 hours.

BTC fired a bullish daily MACD crossover Sunday at $79,750. ADX printed 48.4, one of the cleanest trend readings we've logged this year. SOL followed Monday at $86.34 (ADX 29.8, just over its threshold). ETH closed it out Tuesday at $2,390 with ADX at 38.2.

A cluster like this is uncommon. We've only logged a handful in the past year, and there's a visible reason behind this one: BlackRock's IBIT alone took in around $721M in three trading days. Institutional spot buying is what's behind the move.

The honest caveat: a similar cluster fired in late November and what followed was muted. ADX confirms trend strength, not direction, and rare doesn't mean predictive. We'll know more in two weeks.

What We're Watching

The on-chain story doesn't match the price story. Bitcoin's daily active addresses dropped to 531K last week, a two-year low, while price has climbed about 22% in five weeks.

Institutional flows are doing the work; retail isn't here yet. Whether that reads bullish (smart money accumulating quietly) or bearish (not enough broad participation to sustain the move) depends on which prior cycle you compare it to. We'll see when the next signal fires.

Worth Reading

Bitcoin ETFs top $1 billion in weekly inflows for first time since January

Stocktwits — BlackRock's IBIT pulled roughly $721M in three trading days as spot Bitcoin ETFs crossed the billion-dollar weekly threshold for the first time in 2026.

Senate Banking Committee prepares for CLARITY Act markup after stablecoin deal

Crypto Briefing — Senate Banking has scheduled the markup for May 14 after senators reached a stablecoin yield compromise — one the banking lobby is now pushing back on.

Bitcoin on-chain activity hits two-year lows despite $80K recovery

Blockonomi — Daily active addresses sit at 531K and new wallet creations at 203K, both at two-year lows, even as BTC has climbed 22% in five weeks.

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Indicator activity only. Not financial advice. Past performance does not indicate future results.

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