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Price is currently spiking into the day high ($60,759) — the top of the developing daily range — on a strong 15m/5m up-move. This is an extreme, not open space, so a continuation long is forbidden (can't buy into a spiked high / resistance). There is no reclaim/rejection trigger at any settled level either: the nearest settled resistance (pwVAL ~58,320 / weekly VAH 60,201) has already been passed, and no candle has closed rejecting the day high to set up a short. With Extreme Fear (11) yet a 24h +3.53% push, the tape is momentum-up into resistance with no confirmed reaction — the trigger is missing, so this is a watch, not a trade.
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