Bitcoin is currently trading at approximately $77,700, marking a 1.8% increase since midnight UTC, after a rebound from the $75,650 level, which previously acted as a resistance point during last week's rally. This bounce indicates a potential bullish trend, with $75,650 now serving as a support level that could be pivotal in bitcoin's potential push to break through the $80,000 barrier.
Meanwhile, Ether stands at $2,344, displaying more bearish signals than bitcoin, characterized by a series of lower highs since April 17. The overall market is experiencing an uptrend, driven by anticipation of upcoming tech company earnings, 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, reflecting the positive sentiment.