Passed — no trade

The gate fired on a 5m close through the developing POC — a 5m close is never a valid trigger on this book, and the 15m 13:30 close ($64,450.2) is just a small up-candle inside a 200-dollar chop range between dVAL $64,360 and dVAH $64,473, not a close through or rejection at a Tier-1 level. Price is sitting essentially on VWAP $64,402 / dPOC $64,398 — mid-value, the no-trade zone — with contradictory signals (4h CVD confirming down and CCV short bias against a +6.5 BTC 5m delta and a rising day), so neither a level-reaction nor a trend to continue exists. Missing element: a valid 15m trigger at a tradeable level.