Passed — no trade

Price is grinding down toward the developing day low ($63,256) and weekly low/VAL ($63,201/$63,736), but no confirming trigger has printed: the 5m/15m candles are still making lower lows into the level (last 15m closed $63,312 right at the lows), with no reclaim close back above a level for a long and no decisive break-and-retest close below for a short. CVD is confirming_down and Fear & Greed at 23 (extreme fear) corroborate weakness, but the nearest tradable level — the weekly VAL/low — has not yet produced a rejection/reclaim candle, so this is a WATCH at the low, not a triggered entry.