Passed — no trade

The closed 08:45 UTC 15m candle did reject developing POC $64,855.5, but dPOC is fair-value/mid-range rather than a clean extreme and the reaction is poor: 5m delta is flat while local structure and healthy rising OI remain bullish, conflicting with the bearish CVD/funding read. With a buffered stop beyond the $64,897.6 rejection wick and the honest next major objective at dVAL $64,483, reward:risk is only about 1.7–1.8:1, below the 2:1 floor, so corroboration and payoff quality are missing.