Passed — no trade

No confirming trigger has printed at a tradeable level right now. Price ($60,151) is sitting right on daily VWAP ($60,174) and developing day VAL ($60,101) — essentially mid/fair value, not at a strong edge and not in clean open space. The HTF daily structure is a clear downtrend (lower highs/lows from 67k down to 58k) and CVD is confirming_down with Extreme Fear (15), so the bias leans short — but a continuation short here would be fading momentum INTO the developing VAL/VWAP support and into the daily low region ($59,762), which the rules forbid. There is no swept-and-reclaimed level (no SFP/failed-auction close) and no with-trend candle that has closed making a fresh low in open space. The tape on 1m/5m is low-volume chop drifting sideways. With no trigger candle at a clean location, this is a watch, not a trade.