Passed — no trade

The 03:10 UTC 5m candle did close below the developing day VAL at $62,299, but the directional confirmation is conflicted: 5m delta and the 24h backdrop favor downside while 4h CVD and 4h OI state favor upside. With price only marginally below the edge and approaching nearby support at the day low/developing weekly VAL ($62,171.9–$62,054), there is no clean corroborated short without a decisive continuation close or failed backtest.