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Price just flushed straight down from ~$62,740 to $61,989 on the 08:15 15m/5m candles — this is a fresh momentum leg lower into the current low, not a reaction at a defined level. The nearest structural level below is the week/day VAL (~$62,520) which price already knifed through, and the next reference is the naked week POC / week low around $60,356–$61,210 — none of which price has reached and reclaimed. There is no confirming trigger: no reclaim close back across a swept level, and no with-trend pullback-and-continuation close in open space (the last closes ARE the flush itself — I can't enter the flush). Shorting here would be fading into a freshly flushed low against Extreme Fear sentiment; longing has no reclaim yet. No clean setup — wait for either a reclaim of $62,520 VAL or a defined lower level to be swept and reclaimed.
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