Passed — no trade

Missing a confirming trigger at a tradeable level. Price ($62,479) is sitting right on top of the developing day POC ($62,431.5)/VAH ($62,576) and just under daily VWAP ($62,538) — this is essentially fair-value / mid-range chop, a no-trade zone, not a value-area edge. The tape is grindy and directionless on low overnight holiday volume (~110 BTC/4H), so there is no established trend to join for a continuation, and CVD shows a bearish divergence which conflicts with any long into VWAP. No swept, pre-existing level has been reclaimed and no candle has closed rejecting or breaking a level worth trading — all recent closes are small up-candles in the middle of the range. No level-reaction, continuation, or sweep-reclaim trigger has printed, so this is a wait, not a trade.