Long thesis

Daily VWAP at $62,367.3 was swept and reclaimed by the CLOSED 02:15 UTC 5m candle, which wicked to $62,350.1 and closed back above at $62,371.5; this is a VWAP sweep-reclaim entry rather than a proximity bid. The long is corroborated by confirming-up 4h CVD and the 4h healthy-uptrend OI state, while flat 5m delta does not contradict the reclaim; positive funding and the bearish 24h backdrop temper conviction but do not override the confirmed local reaction. Entry is at the trigger close, with invalidation just beyond the sweep wick at $62,330; T1 is the developing-day POC at $62,402.5 and T2 is the settled previous-day/developing-week POC at $62,499.5, giving approximately 3.08:1 risk:reward to T2.