Passe — pas de trade

The 10:25 UTC 5m candle did trigger a VWAP sweep-reclaim at $64,245.1, but corroboration is mixed: 4h CVD/OI lean up while the 24h backdrop remains a strong downtrend and 5m delta is flat. With an honest buffered stop near $64,110 and the next major objective at developing VAH $64,440, the R:R is only about 1.3:1, below the 2:1 floor without a CCV/high-probability exception.