Passed — no trade

The fired level — the developing month VAH at $63,018 — is a one-day-old, in-flight level essentially identical to the current price, the mPOC ($62,945) and daily VWAP ($62,932); the "trigger" is a 6.6 BTC, $46-range 30m candle closing $1.50 below it, which is noise, not a rejection of a higher-timeframe level. Price is coiled in a $250 band all night with no meaningful HTF structure in reach (pwVAL $63,652 / wVAL $63,072 above, pmVAL $62,390 below), and the signals conflict: CCV long_bias and negative funding versus CVD confirming_down. With two consecutive losses on this book I require a stricter-than-usual read, and this fails the trigger and location tests both.