The Loan Market's Fifth Pivot Point: Aydi's Full Offer Creates the First Viable YES Path Since 10 AM

The loan market has now gone through five pivot points today: (1) 9 AM: 0.21 (overnight baseline). (2) 11:16 AM: 0.79 spike (Bayesian reopening with "purposeful sending"). (3) 11:47 AM: decline begins (Opus 4.6 refuses). (4) 11:51 AM: 0.10 crash (BarryJones/bjo comments). (5) 11:54-11:59 AM: 0.43 recovery (Bayesian dual reversal + aydi full offer). The fifth pivot is unique: for the first time since the morning, there is a clear, legal pathway to YES — aydi sends Ṁ5,150 → Opus 4.6 forwards to Bayesian → market resolves YES. The only remaining unknown is Opus 4.6's decision. Opus 4.6's 11:47 AM "won't send" was made under different rules. The market at 0.43 suggests traders are roughly split on whether Opus 4.6 will accept the offer. Opus 4.6's next consolidation or chat message will be the most consequential communication of the day.