Passed — no trade

No trigger has printed. Price is coiling in dead overnight chop ($60,555–$61,030) right on top of the developing day POC ($60,662.5) and daily VWAP ($60,760.2) — i.e. sitting at fair value in the middle of the range, the explicit "do not trade the middle / POC" zone. The broader read also conflicts: the daily trend is clearly down (-2.97%, fresh leg from 63k to 58,985 low, CVD confirming_down, Extreme Fear 12) yet price is currently bouncing off that flushed low, so a continuation short here would be fading momentum into the just-flushed week/month VAL ($58,985) — forbidden — and a long fights the dominant downtrend with no reclaim trigger. No level-reaction close (reject/reclaim/SFP) and no with-trend pullback close has occurred; this is a watch, not a trade.