Bitcoin is currently trading at approximately $77,700, representing a 1.8% increase since midnight UTC, following a rebound from the $75,650 level, which previously acted as a resistance point during the last week's price surge. This rebound indicates 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 mark.
Meanwhile, Ether is priced at $2,344, displaying more bearish signals on its chart compared to bitcoin, characterized 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 close on Wednesday.
Nasdaq 100 futures are up 0.25% in pre-market trading, reflecting the market's anticipation. Additionally, derivatives positioning and token performance are being closely watched.