Long thesis

Structure: the 12:30 UTC 15m candle wicked down to $64,888.5 — sweeping back below the developing day POC ($64,970.5) and the settled previous-day high ($64,903.6), the higher-tier location — and CLOSED back above both at $65,081.5. That is a reclaim close of a swept, pre-existing level (pdH, now flipped support) plus the developing POC, i.e. a failed auction / SFP long trigger on the named 15m close, not a wick. Corroboration: CCV bias long with acceptance activated, price above daily VWAP ($64,797.8) and above D-open, CVD confirming_up (+503 BTC), OI building on a healthy 4h uptrend (+1.52%) with near-neutral funding (+0.0014%) so longs are not crowded, and daily structure is higher-highs/higher-lows off the $62,180 low. Stop at $64,790 sits below the sweep wick and back beneath VWAP/pdH — a close there means the flip failed. T1 is the developing day high / dVAH at $65,316.0 (nearest real structure, and a level likely to cap and range, hence a 0.35 partial with the stop held at original invalidation); T2 is the pmVAH region at ~$66,000 as the next major objective above. Risk $291.5, reward to T2 $918.5 — about 3.2:1.