Passe — pas de trade

No confirming trigger has printed. Price is sitting right at fair value — coiled between developing day POC ($62,662) and daily VWAP ($62,730), inside the developing value area (VAL $62,596 / VAH $62,867). This is the middle of the range, the poor-entry zone the method tells you to avoid. The tape is choppy/sideways (1H alternating up/down closes, tiny volume), not a clean trend, so no with-trend continuation applies; and no level-reaction or sweep-reclaim close has fired at a tradeable edge. Signals are also mixed (Extreme Fear 23, funding near-neutral +0.0056%, CVD up but OI flat/weakening). No level in reach with a trigger — wait.