Passed — no trade

No clean triggered setup. Price is mid-air at $62,849 — below the developing day VAL ($63,334), below daily VWAP ($63,575), having just broken down sharply this session with confirming_down CVD and a fresh session low at $62,462. There is no nearby settled level with a confirming candle CLOSE through or rejecting it: the nearest naked POC below sits at $61,726 (still ~$1,100 away, not in reach this close) and the day VAL flip happened on momentum without a clean retest/rejection candle. Shorting here is chasing into a vertical drop with no trigger, and longing has no support reclaim. Extreme Fear (23) and the bearish CVD argue against a long, but no level-anchored short trigger has printed — so the missing element is the confirming trigger at a tradeable level. Wait for either a retest/rejection of the lost VAL/VWAP (short) or a reaction at the $61,726 naked POC.