This year's Ethereum price chart shows 4-hour candles.
I've marked 2 AVWAPs from key pivot highs:
🔵 AVWAP from March 11, 2024
🟢 AVWAP from May 27, 2024
$ETH has surpassed both levels and turned them into support, coinciding with the imminent launch of spot ETFs.
Could be fireworks.