sayuri.thesis.detail.passed_heading

No trigger has printed at a tradeable level. Price is sitting at $60,704 — essentially pinned on daily VWAP ($60,741) and the developing day POC ($60,683.5), which is fair value / the middle of value, not an edge worth trading. The last few hours are dead-low-volume sideways chop (1m/5m candles near zero BTC), so there is no established trend to continue and no level-reaction (reject/reclaim/SFP close) at any settled POC/VAH/VAL. The bigger structure is bearish (daily flushed to 58,985 then bounced, weekly/monthly value migrating lower, Extreme Fear 12, CVD confirming down), but the only nearby reference is the developing POC/VWAP, where the method explicitly says not to open new positions. Wait for a close-confirmed reaction at an actual edge (e.g. dVAH ~60,778 reject, below-naked POC 59,767.5, or a reclaim) before committing.