Passed — no trade

The gate fired on a 5-minute close below the developing POC ($63,515.5), but a 5m close can never be the named trigger — the most recent CLOSED 15m candle (11:00 UTC, O $63,559.0 H $63,572.8 L $63,514.0 C $63,530.0) closed ABOVE the dPOC, so no 15-minute confirmation of the break exists; the 11:15 candle that is doing the pushing is still FORMING. Price is also mid-structure between dVAL/dLow ($63,465/$63,281) and VWAP ($63,580) with the whole day compressed inside a ~$640 range, so there is no clean trend to join and no reaction at a strong level to trade. Wait for a 15m close below dPOC/dVAL and a retest before considering the short.