Passe — pas de trade

The pdVAH at $64,738 is in reach and the closed 01:30 UTC 5m candle did trigger a bearish rejection by opening above and closing below it. However, corroboration is conflicted: CCV short bias, positive funding, and the 24h short-covering backdrop favor the fade, while 4h CVD is confirming up and 5m delta is flat; with prior-week high $64,647.3 and settled monthly VAH $64,599 immediately below as support, there is no clean short.