Bitcoin, currently trading at $77,700 with a 1.8% increase since midnight UTC, has rebounded from the $75,650 level, which previously acted as a resistance point during last week's rally. This rebound suggests a shift towards a bullish trend, with $75,650 now serving as a crucial support level for a potential push towards $80,000.
Meanwhile, Ether is trading at $2,344, displaying more bearish signals on its chart, including a series of lower highs since April 17. The broader market is experiencing an uptrend as US investors await the earnings reports of major tech companies, including Alphabet, Microsoft, Amazon, and Meta, all scheduled for Wednesday after the market close. Nasdaq 100 futures are up 0.25% in pre-market trading, and derivatives positioning indicates a decrease in risk, while speculative flows are increasing in memecoins.