Bitcoin, currently trading at $77,700 with a 1.8% gain since midnight UTC, has rebounded from the $75,650 mark, which previously acted as a resistance point during the last week's rally. This uptick suggests a shift towards a bullish trend, with $75,650 now serving as a critical support level that could be pivotal in bitcoin's potential attempt to surpass $80,000.
Meanwhile, Ether is priced at $2,344, displaying more bearish indicators on its chart compared to bitcoin, as it has formed a series of lower highs since April 17. The overall market is experiencing an uptrend as U.S. investors await the earnings reports of major tech companies, including Alphabet, Microsoft, Amazon, and Meta, all scheduled to report after the market close on Wednesday. Nasdaq 100 futures are up 0.25% in pre-market trading, and derivatives positioning alongside token trends are also being closely watched.