sayuri.thesis.detail.passed_heading

No confirming trigger has printed. Price ($60,728) is hovering right at the developing day POC ($60,670) and daily VWAP ($60,800) — i.e. it is sitting in the middle / at fair value, the worst place to initiate. The big move was the 06/24 flush from 63k to the 58,985 weekly/monthly VAL low, followed by a relief bounce; the current 1m/5m tape is dead-low-volume drift (sub-1 BTC candles) with no clean rejection or reclaim of any settled level and no established intraday trend to continue. Extreme Fear (12) and HTF downtrend would favor shorts on a rise, but there is no triggered SFP/failed-auction at a settled VAH/POC and CVD is mildly up, not corroborating a short here. Wait for a 15m/30m close that either rejects a real level (e.g. pdPOC 59,767 or day VAH 60,921) or reclaims with confluence.