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 last week's rally. This rebound indicates a potential bullish trend, with $75,650 now serving as a support level that could be vital for bitcoin's next attempt to break through the $80,000 barrier. Meanwhile, Ether is priced at $2,344, displaying more bearish signals than bitcoin, with its chart showing a series of lower highs since April 17.
The overall market is experiencing an uptrend as US 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 positive market sentiment.