Long thesis

Structure: a sweep-reclaim (SFP) of the developing day low / dPOC cluster — the 05:30 UTC 15m candle wicked to $85,040.1 (taking out the dLow and the developing POC at $85,111.5, an obvious pre-existing intraday support where stops cluster) and CLOSED back above both at $85,369.9, also reclaiming the settled pdVAH at $85,290.0 on the same close (the 05:40 5m close above pdVAH corroborates the timing). Named trigger: the CLOSED 15m 05:30 UTC candle — a reclaim close back across the swept level, not a wick. Corroboration: 4h CVD shows a bullish divergence, 24h OI backdrop is a healthy uptrend (+4.28%), funding is neutral at +0.010%, the daily is strongly one-time-framing up off yesterday's $80.8k→$87.3k expansion, and the flush volume (231 BTC on the sweep bar vs single digits before) shows aggressive sellers absorbed at the low. Entry here IS the reclaim/retest zone just above pdVAH, stop $84,870 sits ~0.2% beneath the $85,040 sweep wick (a close back below kills the failed-auction read). T1 $85,668 is the nearest structure (dVAH, just above daily VWAP $85,544); T2 $86,579.9 is the developing day high, the main objective; T3 $87,357.8 the previous day high. R:R entry→T2 = $1,165 / $545 ≈ 2.1:1, clearing the 2:1 floor. T1 fraction 0.20 because CCV bias reads short and the trade is counter to that bias — bank a slightly larger near piece at dVAH and move to breakeven.