Passed — no trade

Price is coiling dead-flat right at fair value: daily VWAP $62,382, developing dPOC $62,477, and current price $62,439 are all stacked within ~$100 of each other. That is the middle of the range / POC region — a poor-entry no-trade zone per method (no new positions off the POC). The 5m "wick above / close below" the dev POC is a micro-rejection at fair value on near-zero volume (0.0–11 BTC candles), not a confirming trigger at a settled edge, and the tape is choppy sideways with no established trend to continue. Signals also conflict: 4h CVD confirming up and OI healthy_uptrend vs. Extreme Fear (22), bearish 5m delta div, and a down daily/24h backdrop. No settled VAH/VAL/naked POC in reach with a real close through it — this is a WATCH, not a trade.