Passed — no trade

The gate fired on a 1m close below pdPOC $64,970.5 — a 1m close is never a valid trigger, and the 15m at 21:00 merely closed down inside a 200-dollar all-day balance (dVAL 64,878 / dPOC 64,944 / dVAH 65,007), not through any level with conviction. Price is sitting essentially on daily VWAP 64,934 and the developing dPOC in the middle of the value area — the no-trade zone — with flat delta (-7 BTC/30m), flat OI, and a bullish CVD divergence that contradicts a short. No confirming 15-minute close at a tradeable level in either direction, so there is no trade here.