Bitcoin, currently trading at approximately $77,700, has seen a 1.8% increase since midnight UTC, rebounding from the $75,650 mark, which previously acted as a resistance point during the last week's price surge. This rebound implies a shift towards a bullish trend, with $75,650 now serving as a critical support level that could be vital for Bitcoin's potential push towards the $80,000 threshold. Meanwhile, Ether is valued at $2,344, displaying more bearish signals on its chart compared to Bitcoin, marked by a series of lower highs since April 17. The overall market is experiencing an uptrend as U.S.
investors await the release of earnings reports from major tech companies, including Alphabet, Microsoft, Amazon, and Meta, all scheduled to report after the market closes on Wednesday. Nasdaq 100 futures are up 0.25% in pre-market trading, reflecting the anticipation. Additionally, derivatives positioning and token performance are under scrutiny.