sayuri.thesis.detail.passed_heading

Price at $64,086 is sitting almost exactly on the developing day POC ($64,096.5) and daily VWAP ($64,003.3) — fair value, the middle of the range, which is explicitly a no-trade zone where the method says to stay patient. There is no confirming trigger: the last few hours are dead, low-volume drift ($63,700–$64,167 chop) with no SFP, failed auction, or decisive close through any edge. The nearest tradable levels (day VAH/naked POC $64,504.5 above, day VAL $63,906 / week VAL $63,792 below) are not in reach with a trigger, and signals conflict (CVD confirming up vs Extreme Fear sentiment, neutral funding, CCV not in play). No level + no trigger = pass.