Passe — pas de trade

The 05:00 UTC 5m candle did confirm a bullish sweep-reclaim of settled pwVAL $62,518, but the required broader corroboration is missing: 1H/15m structure remains bearish, 4H CVD is confirming down, funding is positive, and OI declined into the sweep rather than showing trapped new shorts. CCV long bias and flat 5m delta support a watch, but the signals are too conflicted to commit before a further bullish close/structure change.