This pattern of the VWAP breaking has been shown to give extraordinary gains, see my previous idea on LUNABTC, I believe based on the price action we will see an extremely bullish run on AVAXBTC in the near-term.
I am not a financial advisor and this is not financial advice, these are just my opinions and analysis based on speculation.
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For reference:
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The candle must break the VWAP on the weekly timeframe, but it seems to be testing it, and would not be surprised to see a large dip and then a rise back up to break out, but let's pay attention and find out over the coming week.
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We are now touching the top of the VWAP, exciting stuff!