Bitcoin, currently trading at $77,700, has gained 1.8% since midnight UTC, rebounding from the $75,650 level, which previously acted as a resistance point during the last week's price surge. This rebound signals a shift towards a bullish trend, with $75,650 now serving as a critical support level that could be vital for bitcoin's potential attempt to break through the $80,000 barrier. Meanwhile, Ether is trading at $2,344, displaying more bearish signs than bitcoin, characterized by a series of lower highs since April 17. The overall market is trending upwards as U.S.
investors await the earnings reports of 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, and the derivatives market is seeing adjustments in positioning.