Passe — pas de trade

The 02:15 UTC 5m candle did reject the settled previous-month VAH at $64,599, but the honest short structure from ~$64,576 with invalidation above the $64,753 trigger swing plus buffer (~$64,883), T1 at pdVAL $64,453, and T2 at the $64,110.5 naked POC yields only about 1.51:1 R:R, below the 2:1 floor without a CCV exception. Broader confirmation is also mixed: bearish 5m delta/funding positioning conflicts with confirming-up 4h CVD, so there is no clean corroborated trade.