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 upward movement suggests a shift towards a bullish trend, with $75,650 now serving as a critical support level that could be vital for bitcoin's potential push towards the $80,000 mark. Meanwhile, Ether is valued at $2,344, displaying more bearish signals than bitcoin, characterized by a series of lower highs since April 17.
The overall market is experiencing an uptrend, driven by anticipation among U.S. investors for the upcoming 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, further indicating a positive market sentiment.