Passe — pas de trade

The 06:30 UTC closed 15m candle did sweep developing VAL $63,603 (low $63,591.7) and reclaim it at $63,613.5, with 5m bullish delta divergence, but after two consecutive losses this does not clear the stricter bar: 4h CVD confirms down and rising OI accompanies the bearish backdrop. With a properly buffered stop below the sweep near $63,460 and the honest next major objective at developing POC $63,739.5, reward:risk is only about 0.85:1, below the 1:1 floor.