The price of Bitcoin is currently hovering around $77,700, marking a 1.8% increase since midnight UTC, following a rebound from the $75,650 level, which previously acted as a resistance point during last week's rally. This rebound indicates a shift towards a bullish trend, with $75,650 now serving as a critical support level that could play a vital role in Bitcoin's potential push towards the $80,000 mark.
Meanwhile, Ether is trading at $2,344, displaying more bearish signals on its chart compared to Bitcoin, with a series of lower highs recorded since April 17. The overall market is experiencing an uptrend, driven by anticipation among US investors for the upcoming 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 have also seen a 0.25% increase in pre-market trading, while derivatives positioning and token trends continue to unfold.