Long thesis

This is a sweep-reclaim of the settled previous-day VAL at $64,453: the closed 01:55 UTC 5m candle opened below the level, wicked to $64,419.9, and closed back above it at $64,546.6. The reclaim is corroborated by 4h CVD confirming up; flat 5m delta does not oppose it, while declining OI/short covering weakens but does not invalidate the reaction and +0.0100% funding is not extreme. Entry is just above the reclaim close, with the stop about 0.2% beyond the sweep wick; T1 is the settled pdPOC at $64,637.5 and T2 is the developing day/week VAH at $65,028. Risk:reward to T2 is 1.78:1, accepted below 2:1 because the high-probability reason is a confirmed sweep-reclaim at a settled value-area edge with aligned CVD; book 15% at T1 and move the remainder to breakeven.