Bitcoin, currently priced at $77,035.46, has surged to approximately $77,700, marking a 1.8% increase since midnight UTC, following a rebound from $75,650, a level that previously acted as a resistance point during last week's rally. This rebound signals a potential bullish trend, with $75,650 now serving as a crucial support level that could facilitate another push towards the $80,000 threshold. In contrast, Ether (ETH) is trading at $2,344, displaying more bearish signals on its chart, characterized by a series of lower highs since April 17. The overall market is experiencing an uptrend, driven by anticipation among U.S.
investors for the upcoming earnings reports from major tech companies, including Alphabet (GOOG), Microsoft (MSFT), Amazon (AMZN), and Meta (META), all scheduled to report after the market close on Wednesday. Meanwhile, Nasdaq 100 futures have risen by 0.25% in pre-market trading, and derivatives positioning is indicating a shift towards reduced risk exposure.