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No clean trigger at a tradeable level right now. Price just flushed hard from ~$61,200 to a fresh low of $57,965.8 and is bouncing back to ~$59,134 — sitting in open space between the freshly-flushed low and the developing Day VAL ($59,221) / Daily VWAP ($60,056). The day is in a clear downtrend (price down, CVD confirming_down, Extreme Fear), so a long here is a counter-trend bounce into no level with no SFP reclaim confirmed; the monthly naked POC below at $57,872.5 also remains untapped/in play just under the low, meaning the down move may not be done. For a continuation short, price is mid-bounce (not at a strong resistance and no with-trend lower-high rejection has printed yet) — chasing into the post-flush vacuum after a 1,170-BTC-volume capitulation candle is exactly the late entry to avoid. No level-reaction reclaim and no with-trend candle close has triggered, so this is a watch, not a trade.
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