Passe — pas de trade

Pass under the stricter two-loss filter: although the closed 13:15 UTC 15m candle reclaimed/rejected the developing POC at $62,650.5, that same candle swept the developing VAH at $62,881 and closed back below it, leaving conflicting level structure at fair-value/mid-range. CVD and 5m delta are bullish, but falling OI identifies short covering rather than strong new-long participation, so the required clean corroboration is missing.