Passed — no trade

The gate fired on a 1m close below daily VWAP ($63,957.8), but a 1m close is never a valid trigger — the most recent CLOSED 15m candle (07:00 UTC) closed UP at $63,944.0 straddling VWAP, which is chop, not a rejection or a break-and-backtest. Price is pinned in the middle of the developing value area between dVAL $63,830 / D-Open $63,878 below and dPOC $64,052 / dVAH $64,139 above, with the 15m/1H tape sideways and volume near dead (0.1–2 BTC per 1m), so there is no established trend for a continuation and no swept level for a reversal. Missing element: a confirming 15-minute trigger at a tradeable level — mid-range VWAP chop is a no-trade zone.