Bitcoin, currently priced at $77,700, has seen a 1.8% increase since midnight UTC, rebounding from the $75,650 mark that previously acted as a resistance point during the last week's rally. This rebound indicates a potential bullish trend, with $75,650 now serving as a critical support level that could be vital for bitcoin's next attempt to break the $80,000 barrier. Meanwhile, Ether 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 uptick as US investors await the earnings reports of major tech companies, including Alphabet, Microsoft, Amazon, and 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 is also being closely watched.