Passed — no trade

Two consecutive losses on this book means I need a stricter-than-usual bar, and this trigger does not clear it: the 01:30 UTC 30m close above the developing wVAH ($64,239) is a marginal $3 break on 13.9 BTC of dead overnight volume, sitting directly beneath the week/month high at $64,458.8 and the settled pwPOC/pwVAH cluster ($64,338/$64,425) — i.e. a long entering straight into stacked HTF resistance rather than a clean reaction location. Corroboration is also missing/conflicting: CVD is confirming_down, OI is short-covering (no new demand), Fear & Greed at 27, CCV not in play, and the HTF weekly closed down from $65,645 with monthly value ($62,914 POC) far below price. No qualifying level-reaction, no established HTF uptrend for a continuation, and no swept-and-reclaimed level — so this is a watch, not a trade.