Passed — no trade

Strong impulsive downtrend in progress (D close -4.82%, CVD confirming_down, Extreme Fear 17, price below all period opens and below daily VWAP) — the broader read is bearish, but there is no clean triggered setup at a tradable level right now. The nearest meaningful magnet below is the monthly naked POC at $57,872.5, which is still ~$1,400 away and not yet in trigger range; price is currently grinding to fresh session lows ($58,985) with no confirming reclaim or rejection candle close at a settled level. Chasing a knife into the low without a confirmed failed-auction/SFP reclaim at the naked POC would be the exact proximity error to avoid — no trigger has printed, so this is a watch, not a trade.