Passed — no trade

No clean trigger. The gate fired on the previous-week high (pwH $63,923.4), but the "reclaim" is illusory: price is not sweeping this level from above as a bearish SFP — it is chopping right on top of it, and the 04:30 30m candle CLOSED DOWN ($63,925.7) essentially at fair value (VWAP $63,916), with a trivial 14 BTC volume and no rejection of any obvious HTF level. There is no confirmed with-trend close either: the daily/4H tape is a tight, sideways balance ($63.6k–$64.6k for days), not an established trend, so continuation is not available. The read is directionally conflicted — CCV long_bias, funding barely positive, F&G Fear 26, weekly closed up but monthly closed hard down — and price sits mid-range at POC-class value, the poorest possible entry location. Waiting for a genuine SFP/failed-auction at a real HTF edge (weekly VAL ~$61.7k below or weekly high ~$64.6k above) rather than a coin-flip at VWAP.