Passed — no trade

The gate fired on a 5-minute wick-and-close-back below daily VWAP ($63,969.2), but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (00:30 UTC) closed UP at $63,964.9, i.e. right at VWAP/dPOC, not a rejection of it, and the 00:45 15m candle is still forming. Price is also sitting in the middle of a very tight developing value area (dVAL $63,920 / dPOC $63,964.5 / dVAH $64,081) — POC chop, a no-trade zone — with flat 5m delta and a fresh new-day session of only 79 BTC volume, so there is no meaningful reaction at the level to trade. No 15m trigger, no location edge: pass.