Passe — pas de trade

Price is sitting in dead chop ($60,610–60,870) at the start of the new UTC day, coiled right at the developing day POC ($60,674) and just under daily VWAP ($60,780) — i.e. fair value, the middle of the range, not at an actionable edge. The prior day printed a strong sell-off but the overnight is a tiny-volume bounce with no with-trend candle close and no level-reaction trigger (no SFP/reclaim/reject close) at any settled level. With extreme fear, slightly negative funding, and weakly positive CVD all conflicting, the read is unclear and no confirming trigger has printed — this is a watch, not a trade.