Long thesis

Structure: sweep-reclaim of the settled previous-day VAH ($63,047.0, a Tier-1 level) which price flipped to support overnight — the pullback wicked to $62,991.1, taking stops beneath the pdVAH/pdPOC shelf, and the 09:00 UTC 15m candle CLOSED back above it at $63,170.1 (named trigger; the 09:05/09:10 5m closes back up corroborate the reclaim). Corroboration: day is building value entirely above the previous day's value area (dPOC $63,394.5, dVAL $63,182.0 vs pdVAH $63,047.0) — value migrating higher; funding is benign +0.005%, OI flat (no crowded trapped longs), and the 30-minute taker delta is flat/slightly positive (+17.5 BTC) refusing to confirm the new low against the level. Stop $62,870 sits ~0.2%+ below the sweep wick and below the D-Open $62,726 shelf's upper edge — a close back beneath the pdVAH/pdPOC band kills the reclaim. T1 is the developing day POC $63,394.5 (the nearest meaningful structural level and the day's fair-value magnet — a significant level whose reach genuinely changes the invalidation, hence 0.40), T2 is the previous-month POC $63,910.5 / naked monthly POC above, the main objective. Risk $300, reward to T2 $740 = ~2.5:1.