ETH Futures Analysis for Today

Ethereum Futures Analysis for TodayFinancial Instrument: Ethereum FuturesPrice at the Time of Analysis: 3,690Key Levels to Watch in ETH FuturesBullish Above 3,733Why Bullish Above?A move above 3,733 signals that the price has surpassed yesterday’s Value Area High (VAH), a critical resistance level. This breakout could indicate buyer strength and open the door for further upward momentum.Profit Targets for Long Positions:3,762: A significant resistance level where profit-taking may occur.3,790: An extended target near the next resistance zone.Bearish Below 3,677Why Bearish Below?A break below 3,677 would place the price beneath today’s and yesterday’s Value Area Low (VAL), signaling weakness and a potential shift in control to sellers.Profit Targets for Short Positions:3,642: A level just above the Point of Control (POC) from two days ago.3,589: The VWAP from two days ago, acting as another potential support level.3,563: The VAL from two days ago, representing an extended bearish target.ETH Futures Contract HighlightsVolume: 787 contractsOpen Interest: 14.93K contractsContract Size: 50 Ethereum per contractFront Month: ETHF2025ETH Futures Performance Metrics1 Week: +8.98%1 Month: -4.12%3 Months: +49.76%6 Months: +18.97%Year-to-Date (YTD): +9.04%1 Year: +65.25%The performance metrics highlight strong long-term gains over the past year (+65.25%) and the last three months (+49.76%), despite short-term weakness in the last month (-4.12%).Understanding the Tools Behind ETH Futures AnalysisVWAP (Volume-Weighted Average Price)VWAP is calculated by dividing the total dollar value of trades by the total volume of trades. It provides a benchmark for fair value:Above VWAP: Indicates bullish strength.Below VWAP: Suggests bearish pressure.Value Area Concepts (VAH, VAL, POC)Value Area High (VAH): The upper boundary of the price range where 70% of the trading volume occurred, often acting as resistance.Value Area Low (VAL): The lower boundary, typically a support level.Point of Control (POC): The price level with the highest traded volume, often serving as a magnet for price action.Takeaways for Today’s ETH FuturesBullish Scenario: A breakout above 3,733 targets 3,762 and 3,790 for profit-taking opportunities.Bearish Scenario: A move below 3,677 could lead to tests of 3,642, 3,589, and 3,563 as potential downside targets.Trading Guidance: Use the highlighted levels to plan your trades, and monitor price action closely at these key areas.Trade at your own risk. Visit ForexLive.com for additional perspectives.