Passed — no trade

No confirming trigger has printed at a tradeable level. Price ($60,304) is sitting in the middle of the developing day value area — between developing POC $60,356 and VAH $60,493 — which is fair-value, no-trade territory, not at a clean VAL/VAH edge, naked POC, or VWAP (VWAP is ~$516 below). The 1m/5m tape is flat and drifting on near-zero volume (last 5m closed down, last 1m closed down), so there is no established trend with aligned flow to join on a with-trend continuation, and no swept defined level reclaimed for a reversal. Although CCV bias is long and CVD is confirming up, there is no level-reaction or with-trend close to enter on right here — proximity to the developing POC alone is not a setup.