sayuri.thesis.detail.passed_heading

No confirming trigger has printed. The day just opened (00:40 UTC) with only 22.8 BTC traded — price is chopping in a ~$120 band around daily VWAP ($59,921) and the developing day POC ($59,983), which is fair-value, no-trade middle ground, not a settled level being reacted to. There is no level-reaction (no SFP/reclaim/reject close) at a meaningful settled level, and no with-trend continuation since the 1m/5m tape is sideways/balanced with negligible volume, not an established trend. CVD is faintly up while Fear & Greed sits at extreme fear (15) and the daily structure is a clear downtrend off $67k — conflicting, not corroborated. Nothing to do until price reaches and triggers at a real level such as week VAL ($59,138) below or pdVAL/pdPOC above.