Passed — no trade

Two consecutive losses on this book means I need a stricter-than-usual bar, and this does not clear it: the fired level (developing month VAL $62,701) is a one-day-old, still-forming level in a market that has been chopping in a $500 box all session, and the "trigger" is a 3.7 BTC, near-zero-volume 23:00 30m close only $21 below it — that is drift, not a rejection or acceptance. Direction is also conflicted: the 30m close is bearish while CVD is confirming_up, CCV bias is long, funding is flat-positive, OI is flat (no trapped positioning), and price sits just above the developing week/month low $62,185.8 — i.e. into support, where fading momentum is forbidden and only a reaction (reclaim/SFP) would qualify. No such reaction close has printed, so this is a watch, not a trade.