Passe — pas de trade

The fired level is the developing weekly POC at $86,272.5, and the only trigger is a 30m close $95 below it ($86,177.0) — a marginal loss of a mid-range, still-developing level, not a rejection at a strong HTF boundary; price is sitting in the middle of the weekly value area (wVAL $84,284 / wVAH $86,845) where the method says not to take new trades off the POC. Corroboration is also conflicted for a short: the weekly and monthly structure is strongly up (week +$5k off $80,800, month printing $87,357 high above pmH $81,468), CVD shows bullish divergence and funding is negative, so only CCV bias points down. No clean short setup — waiting for either a failed auction/SFP at wHigh/W-nPOC $87,357–$87,816 or a genuine loss of wVAL $84,284.