Passed — no trade

Price ($61,969) is sitting almost exactly on the developing day POC ($61,935) — a fair-value 50/50 zone where the method says you do not initiate new positions. The only nearby structure that matters (developing VAL $61,299 / day low $61,209 below, developing VAH $62,778 and VWAP $62,350 above) is not in reach with a confirming close. The 15m just closed down and the 1m/5m closed up — a choppy, mixed tape after a bounce off the lows, no clean level-reaction trigger, no confirmed with-trend continuation close, and no swept-and-reclaimed defined level. Signals also conflict for a directional call: CCV short_bias / CVD confirming_down / bearish-lean day argue lower, but funding is neutral, OI is falling (shorts covering, weaker downside fuel), F&G is Extreme Fear (24), and price just reclaimed off the day low. No level in reach + no trigger = pass.