Passed — no trade

The swept level is the daily VWAP, sitting with the developing POC in the middle of today's value and range. That is a magnet in the middle of value, not an obvious extreme the market watches (#172). The rejection is poor: the wick went only $31.9 through, and the close is just $2.2 above VWAP. The candle closed down from its $79,822 open, in the lower third of its range, and the only real volume was a 12.8 BTC sell burst at 06:01 with no buying response. Order flow argues against the long: Delta 5m shows a bearish divergence at -7.63 BTC with complete coverage, CVD is confirming down, and the 24h OI backdrop is a strong downtrend. The D and 4H both closed down while price leans toward the previous week's VAL and the lows near $79.1-79.2k. CCV is not in play. With no absorption and no clean reclaim, this is chop around fair value, not a swing failure worth taking.