Passe — pas de trade

The settled pmVAH at $64,599 produced a valid bearish level-reaction trigger when the 02:15 UTC 5m candle opened above it and closed below at $64,538.7. 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, so the required broader directional alignment is missing.