Passe — pas de trade

The 01:45 UTC 5m candle did close below the developing day VAL at $63,625, but price is now pressing the developing weekly VAL at $63,550 and a freshly flushed day low, so a continuation short would be fading into strong support rather than entering in open space. Broader confirmation is also conflicted: 4h CVD confirms down, while CCV remains armed with long bias, OI shows a weakening downtrend, and 5m delta is flat; no reclaim/rejection close has confirmed a long reaction yet.