Bitcoin, currently priced at $79,765.70, is hovering around $77,700, marking a 1.8% increase since midnight UTC, following a rebound from $75,650, which previously acted as a resistance level during last week's rally. This rebound signals a potential bullish trend, with $75,650 now serving as a support level that could be vital for bitcoin's potential push towards $80,000. Meanwhile, Ether (ETH) is trading 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 U.S.
investors await the earnings reports of major tech companies, including Alphabet (GOOG), Microsoft (MSFT), Amazon (AMZN), and Meta (META), all scheduled to report after the market closes on Wednesday. Nasdaq 100 futures have risen by 0.25% in pre-market trading, and derivatives positioning, along with token trends, will be closely watched.