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The 21:45 15m candle did wick below M-Open $62,792.1 / pdL $62,817.8 and close back above, but the reaction quality is poor: that reclaim candle traded only 2.4 BTC after a 28 BTC flush, 5m taker delta is still confirming_down (-11.5 BTC), 4h CVD is confirming_down and open interest is falling (-1.06% on 4h) — no trapped-short signature, just shorts pressing with no buy response. The sweep low $62,645.9 also sits above the developing dLow with no absorption evidence, and the daily/4h structure is a clear sequence of lower highs since 08-09, so a long here fades the trend into weak flow while a short at these lows would be fading momentum into support — neither is clean.

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