Bitcoin is currently valued at $77,700, representing a 1.8% increase since midnight UTC, after bouncing back from the $75,650 mark that previously acted as a resistance point during the last week's price surge. This rebound indicates a potential shift towards a bullish trend, with $75,650 now serving as a key support level that could be vital for bitcoin's next attempt to break the $80,000 barrier.
In contrast, Ether is trading at $2,344, displaying more bearish signals on its chart, characterized by 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 have risen by 0.25% in pre-market trading, reflecting the positive market sentiment.