Passed — no trade

No confirming trigger has printed at a tradeable level. Price ($59,366) is sitting essentially right on the developing day POC ($59,330.5) — which is fair value / the middle of the developing range, the worst place to enter. The strong levels are not in play: day VAL ($57,965, the flushed low) is below and day VWAP ($59,865)/VAH ($60,525) above, with price chopping in open space between them and no candle close rejecting or reclaiming any of them. The tape since the 13:00 UTC flush is sideways consolidation (small 1m/5m bodies, dead volume), not a clean established trend, so neither a level-reaction nor a with-trend continuation trigger exists. Signals also conflict: bullish CVD divergence and Extreme Fear (12) hint at a bounce, but daily structure is sharply down (lower highs/lower lows, fresh low at 57,965) — so the read is unclear. Wait for either an SFP/reclaim at VWAP/VAL or a clean with-trend close.