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Price is grinding lower into the developing day low ($59,083) and weekly VAL ($59,085) — a support cluster — but no trigger has printed. The most recent closed candles on 15m/1H/4H all closed DOWN with price still hovering just above that support, so there is no reclaim/SFP close confirming a bounce (a reversal long into support requires a reclaim close I don't have), and a continuation short straight into weekly VAL support is forbidden (fading momentum into a strong level). Additionally, CVD shows bullish divergence against the downmove, contradicting a fresh short. No confirmed trigger at a tradeable level — this is a watch, not a trade.
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