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Price is in active free-fall — the 1H, 15m and 5m all just closed down making a fresh session low ($58,262.7) with CVD confirming down and Extreme Fear sentiment. The most recent closes are momentum candles INTO a fresh flushed low, not at an in-between pullback location, so a continuation short here would be chasing into the extreme — forbidden. There is no defined level being reclaimed: the monthly naked POC below sits at $57,872.5, not yet tapped, and no reclaim/SFP close has printed back across any swept level. No level-reaction trigger and no valid in-space continuation trigger exists right now — this is a watch for either a sweep-reclaim at the monthly POC or a relief bounce to VWAP/value, not a trade.
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