Passe — pas de trade

The 02:25 UTC 5m candle reclaimed the developing POC at $63,335.5, but a developing POC is not an eligible standalone level here; no closed candle has yet confirmed a reaction at the developing VAL $63,293, daily VWAP $63,624.1, settled prior-period value, or the $62,696.5 naked POC. Broader signals are also mixed: CCV long bias and weakening downside OI favor a bounce, while 4h CVD confirms down and funding is positive, so the required corroboration is not clean.