Passe — pas de trade

The 03:30 UTC 5m candle genuinely reclaimed the settled previous-month VAH at $64,599, but the broader directional corroboration is missing: 4h CVD is confirming down, CCV retains a short bias, and declining 24h OI characterizes the rally as short covering despite positive 5m delta and price above VWAP. With the level and trigger present but context materially conflicted, there is no clean trade.