Passe — pas de trade

The settled pwVAL at $62,518 did trigger a bullish reclaim on the closed 13:30 UTC 5m candle, but broader confirmation is conflicted: CCV bias and 5m delta favor the bounce while 4h CVD confirms down and positive funding remains a headwind. More importantly, an honest stop beyond the $62,294.6 sweep low against the next major objective at daily VWAP $63,004.5 gives under 1:1 R:R, below the required floor.