Passed — no trade

The gate fired on a 5m close back below dVAH $63,837 — but a 5m close is never a valid trigger on this book, and the 15m candle that closed at 05:00 ($63,956.9 open → $63,762.4 close) is a fade off the developing day high rather than a clean rejection at a named level; the 05:15 15m candle is still FORMING. Broader signals also conflict with a short: 4h CVD confirming up, funding neutral at +0.010%, price holding above daily VWAP $63,695.6 and above D/W opens, with the day making a higher high — flow does not corroborate a downside read here. No qualifying 15m trigger, so this is a watch, not a trade.