Passed — no trade

This is a VWAP sweep in the middle of a balanced, rotating session, not a failure at a level the market watches. VWAP, the developing POC, the developing VAL and yesterday's POC all sit within about $120. Price has crossed them back and forth all afternoon ($81,350-81,700 rotations), so there are few stops above to clear. The candle opened just $0.10 below the level, wicked only $49.8 through and closed $48 back, still inside the same chop. It traded 1.5 BTC (versus 222 BTC on the 14:15 flush) and Delta 5m is flat (+1.06 BTC), so there's no absorption or selling at the level. The context leans against a short: CVD is confirming up, open interest is in a healthy uptrend on 4h and 24h, CCV isn't in play and price is still holding inside value. The stop sits just below the developing VAH and within range of today's high. The 2.48:1 R:R on paper doesn't make up for the low chance of a range-day move all the way to today's low and yesterday's low. I'd wait for a sweep of a real extreme: today's high or the week open around $81,950 for a short, or today's or yesterday's low around $80,790-80,930 for a long.