Why Ethereum is Still a Long Option

Ethereum is in strong bullish trend on both 4h and 1h charts. The 1hr chart shows some retracement of the trend. It is still above the VWAP and a solid buy overall, but as a trader, I am waiting for either Eth to show further retracement below the VWAP before midnight GMT, or for bullish confirmation candles. If I end up waiting till midnight GMT, then I watch for Eth to maintain the VWAP over the first two volume spikes before I enter.