Passe — pas de trade

The 14:15 UTC 5m candle did sweep and reclaim the developing POC at $64,127.5, but a developing POC is not an eligible level-reaction location here, and the long read is contradicted by price below daily VWAP, bearish 4h CVD context, positive funding, and rising OI in a strong downtrend. A continuation short is also invalid at this location because price is sitting on developing POC support/freshly flushed local lows rather than open space.