The price of Bitcoin has risen to approximately $77,700, representing a 1.8% increase since midnight UTC, after it rebounded from a low of $75,650, a level that previously acted as a resistance point during the prior week's price surge. This rebound indicates a shift towards a bullish market sentiment, with $75,650 now serving as a support level that could play a critical role in Bitcoin's potential push to exceed $80,000. Meanwhile, Ether is valued at $2,344 and exhibits more bearish trends compared to Bitcoin, characterized by a series of declining highs since April 17. The overall market is experiencing an uptrend as U.S.
investors await the release of earnings reports from major technology 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 anticipation of these earnings reports. Additionally, derivatives markets are showing signs of de-risking, while speculative investments are flowing into memecoins.