Passed — no trade

Price is sitting at ~$62,500, in open space between the developing day high ($62,886) just above and daily VAWP/POC below — no higher-timeframe level is being reacted to right now with a confirming trigger. The HTF structure is conflicted: monthly and weekly are clearly in downtrend (June closed down from $73.5k to $58.5k, last weekly closed down), yet the last few days have ground higher off the $57,647 lows — this is a countertrend bounce, not an established uptrend I can join with a continuation short forbidden by fading into support and a continuation long forbidden as countertrend into a downtrend. No swept HTF level has been reclaimed on a 30m close (the last 30m closed DOWN at $62,543, not a reclaim). Extreme Fear (21) and a stalling bounce into the day high with no failed-auction/SFP trigger printed means the correct action is to wait for a clean reaction at a defined level.