Passed — no trade

The only trigger on offer is a 5-minute wick-and-reclaim of the developing dVAH ($64,609) — a 5m close is never a valid trigger on this book, and the last CLOSED 15m candle (16:45) closed DOWN at $64,632.5 off the day high, which is a rejection of the highs, not a confirmation of a long. No 15-minute close through or rejecting a Tier-1 level has printed; price is sitting mid-range between VWAP $64,497 and dHigh $64,842 with flat 5m delta (+1.3 BTC), flat OI and a short CCV bias contradicting any long. Missing element: the confirming 15m trigger, plus a poor/absent delta response at the level.