Bitcoin, currently priced at $80,166.08, has risen to approximately $77,700, marking a 1.8% increase since midnight UTC, following a rebound from $75,650, which previously acted as a resistance point during the last week's price surge. This shift suggests a bullish trend, with $75,650 now serving as a crucial support level that could facilitate another push towards the $80,000 threshold. Meanwhile, Ether (ETH) is trading at $2,344, with its chart displaying more bearish indicators than Bitcoin, having formed a series of lower peaks since April 17. The overall market is experiencing an upswing, driven by anticipation among U.S.
investors for the upcoming earnings reports from 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 are up 0.25% in pre-market trading, and derivatives positioning is also under observation, alongside notable activity in the token market.