Bitcoin, currently valued at $78,188.13, has risen 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 indicates a potential bullish trend, with $75,650 now serving as a support level, which could be pivotal in bitcoin's potential push to exceed $80,000. Meanwhile, Ether (ETH) is trading at $2,344, with its chart displaying more bearish signals than bitcoin, having formed a series of lower highs since April 17. The overall market is experiencing an uptrend as U.S.
investors await a series of tech company earnings reports, including those from Alphabet (GOOG), Microsoft (MSFT), Amazon (AMZN), and Meta (META), all scheduled to report after the market close on Wednesday. Nasdaq 100 futures have increased by 0.25% in pre-market trading, and derivatives positioning is also being closely watched.