Passed — no trade

Two consecutive losses on this book means I only take a stricter-than-usual read, and this does not qualify: the pwVAL $63,652 reclaim came on a 0.5-hour candle of just 6.5 BTC volume after a shallow $63,504 dip, not a stop-rich sweep of an obvious HTF level, and price is sitting essentially on top of daily VWAP ($63,704), day POC ($63,728) and W-12c POC ($63,625) — the middle of value, the worst location for a new swing. The read is also conflicted: weekly structure is lower highs down from $66,874 while OI builds, but the monthly POC $63,916 / mVAH region sits immediately overhead and pmPOC $62,700 sits immediately below, leaving no clean level-to-level R:R in either direction. No trade.