sayuri.thesis.detail.passed_heading

No confirming trigger has printed at a tradeable level. Price ($60,053) is sitting essentially on daily VWAP ($60,042) / developing day POC ($59,981) — i.e. mid-value/fair-value, the worst entry location per method, not at a value-area edge or naked POC. The session is a tight, low-volume overnight chop (the recent 02:15 push to $60,296 already faded back to VWAP), so there is no established trend to join and no clean reject/reclaim/SFP candle close at a defined level. With a directionally mixed read (CVD up and price above settlement/day-open, but Extreme Fear at 15 and a clearly bearish HTF downtrend from $67k), and no level-reaction or with-trend trigger, the absence of a trigger is itself the reason to pass.