ETH LTF Analysis

$ETH is attempting to stabilize after a sharp liquidation on May 23, which pushed price down through short-term moving averages and into the 2549 dWeek VWAP. Price is now sitting just above that VWAP zone, but the bounce so far has been weak, marked by low volume and clear lower highs.

This suggests passive defense, not active accumulation.

To flip the tone bullish, ETH needs to clear back above the short-term MAs (yellow/green) and reclaim at least the 2600–2632 zone. Until then, any rally toward that region remains a short setup unless proven otherwise.

Key Levels:

2632 – dWeek VAH (prior value top)

2610–2625 – short-term moving average zone (dynamic resistance)

Price stalled around 2565–2570 in prior sessions, weak sellers may defend this level early

2549 – dWeek VWAP (currently being tested)

2467 – dWeek VAL (major value floor; if broken = bigger flush)

What I’m Watching:

Reclaim above 2575 + hold = possible squeeze toward 2630

Failure to hold 2549 VWAP - opens flush to 2467 or lower

Compression between 2549–2570 likely resolves with expansion into one of these zone.