Passed — no trade

The gate fired on a 5m close below the developing VAL, but the named trigger must be a 15-minute close — the 05:45 15m candle closed at $64,318.3, which is only marginally below dVAL ($64,333.0) inside a $200 overnight chop range, not a decisive rejection, and the current 15m is still FORMING. Additionally this same dev_val level already fired within the last 30 minutes and the reaction is poor: 5m delta flat (-3.1 BTC), thin volume (3.4 BTC on the break candle), OI flat on the 24h backdrop — no aggressive participation confirming the break. No clean level-reaction trigger, so this is a watch, not a trade.