Passed — no trade

The gate fired on a 5-minute wick-and-close at the developing POC ($63,946.5) — that is not a valid trigger: the named trigger must be a 15-minute close, and the 05:30 15m candle simply closed back at the same $63,950 area price has chopped around all night, not a rejection or reclaim of any meaningful level. Price is sitting on dPOC/VWAP ($63,946/$63,934) which is mid-range fair value — the no-trade zone by method — with the day's whole range a $300 band between dLow $63,778 and dHigh $64,082. Flow is also non-committal: 5m delta flat (-11 BTC), OI flat +0.08%, volume negligible, so there is no reaction quality to trade even if structure were there.