Passed — no trade

No confirming trigger has printed at a tradeable level. Price is sitting at ~$58,422, having flushed the day low ($58,065.9) and now drifting just under daily VWAP ($58,951) and the developing dVAL ($58,468) — but it is in messy open space between the freshly-flushed low and VWAP, not at a clean settled level with a confirmed reaction. The downtrend is intact (lower highs/lows on 4H/1H, CVD confirming down, Extreme Fear 15), but the last few closed candles (15m up, 5m up) are a small bounce, not a with-trend continuation close making a fresh low; entering a continuation short here would be fading into a freshly flushed low / nearby month naked POC support ($57,872.5), which is forbidden. There is no reclaim close of a swept defined level for a reversal either. No trigger = pass.