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Price is grinding straight down into support with no reclaim: the 5m closed below developing dVAL ($63,625) and the last several 1m/5m/15m candles all closed down at a fresh session low ($63,509), so there is no confirming reversal trigger — this is momentum breaking into a level, not a failed-auction/SFP reclaim. Longing here would be catching a falling knife into support (forbidden), and a continuation short is forbidden into the freshly flushed low and the cluster of week/month VAL support just beneath ($63,550/$63,417). No confirming close in either direction means no clean setup.

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